Tech sector breadth is rapidly improving:
75% of S&P 500 technology sector stocks finished above their 200-day moving average last week, the highest percentage since October 2024.
This marked the first time in 219 trading days that this threshold was reached, ending the 9th-longest streak on record.
By comparison, the longest stretch during which fewer than 75% of tech stocks traded above their 200-day moving average lasted 759 trading days, ending on April 22, 2003, following the Dot-Com Bubble burst.
Historically, each time such a streak ended, the technology sector returned +2.5% on average over the following month and +7.3% over the next 3 months.
After 6 months and 12 months, the average gains were +15.5% and +33.4%, respectively.
Meanwhile, 69% of Nasdaq 100 stocks are now trading above their 200-day moving average, near the highest percentage since July 2025.
The tech stock rally is gaining momentum.
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75% of S&P 500 technology sector stocks finished above their 200-day moving average last week, the highest percentage since October 2024.
This marked the first time in 219 trading days that this threshold was reached, ending the 9th-longest streak on record.
By comparison, the longest stretch during which fewer than 75% of tech stocks traded above their 200-day moving average lasted 759 trading days, ending on April 22, 2003, following the Dot-Com Bubble burst.
Historically, each time such a streak ended, the technology sector returned +2.5% on average over the following month and +7.3% over the next 3 months.
After 6 months and 12 months, the average gains were +15.5% and +33.4%, respectively.
Meanwhile, 69% of Nasdaq 100 stocks are now trading above their 200-day moving average, near the highest percentage since July 2025.
The tech stock rally is gaining momentum.
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A geophysicist who predicted Colombiaβs 7.4-magnitude earthquake has warned California could be next
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$BTC falls below $63,000.
$ETH is nearing $1,850.
The crypto market is dumping again.
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$ETH is nearing $1,850.
The crypto market is dumping again.
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Egyptian Islamist terrorist Yasser Al-Sirri, 63, who was once sentenced to death in absentia in Egypt, now lives in a Β£500,000 apartment in West London and runs a wholesale honey and drinks business.
Al-Sirri came to Britain in the 1990s and claimed asylum in 1994. He was associated with Egyptian Islamic Jihad and was sentenced to death because of his involvement in the 1993 car-bomb attempt to assassinate Egyptian Prime Minister Atef Sedki, which killed a 12-year-old girl.
His asylum application was initially rejected, but after years of appeals, a tribunal ruled that he was entitled to remain in Britain.
British court documents have recorded his view that βviolent jihadβ was an βobligation for Muslims.β
Al-Sirri was also indicted by a US federal grand jury over allegations that he conspired to provide material support to the Islamist group al-Gama'a al-Islamiyya.
Al-Sirri is now managing a wholesale honey, food, and drinks business in northwest London. Local businesses know him as βHajjβ and say he supplies shops in the area.
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Al-Sirri came to Britain in the 1990s and claimed asylum in 1994. He was associated with Egyptian Islamic Jihad and was sentenced to death because of his involvement in the 1993 car-bomb attempt to assassinate Egyptian Prime Minister Atef Sedki, which killed a 12-year-old girl.
His asylum application was initially rejected, but after years of appeals, a tribunal ruled that he was entitled to remain in Britain.
British court documents have recorded his view that βviolent jihadβ was an βobligation for Muslims.β
Al-Sirri was also indicted by a US federal grand jury over allegations that he conspired to provide material support to the Islamist group al-Gama'a al-Islamiyya.
Al-Sirri is now managing a wholesale honey, food, and drinks business in northwest London. Local businesses know him as βHajjβ and say he supplies shops in the area.
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BREAKING: Alexandria Ocasio-Cortez (AOC) is now projected to win the 2028 Democratic Presidential Nomination.
Market expectations for a Gavin Newsom nomination have declined from 40% to a new low of 17%.
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Market expectations for a Gavin Newsom nomination have declined from 40% to a new low of 17%.
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What college majors have the largest share of students who identify as heterosexual?
Finance - 95%
Business - 89%
Marketing - 88%
The least heterosexual?
Theater - 29%
Fine Arts - 27%
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Finance - 95%
Business - 89%
Marketing - 88%
The least heterosexual?
Theater - 29%
Fine Arts - 27%
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Imagine you buy a hardware wallet
and your data gets leaked... FULL name, email, phone number, shipping address
at this point just buy a new macbook as a hardware wallet
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and your data gets leaked... FULL name, email, phone number, shipping address
at this point just buy a new macbook as a hardware wallet
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One of the grimmest things to learn is that the dysfunctional, hapless poor really are just immensely lower in moral character, in a runaway selection / assortive mating way, and thatβs why they stay locked in dysfunction for generations.
True within and between large groups.
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True within and between large groups.
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A marine heatwave has brought a surge of stingrays to California beaches. Researchers are catching the rays, removing their barbs to help protect beachgoers, and safely releasing them back into the ocean
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Why does every woman think she deserves a rich husband, especially those who have a nose ring?
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Only 8% of Republicans report having a βgreat deal or fair amountβ of trust in media
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BREAKING: Hedge funds bought +$6.8 billion in US equities last week, the largest weekly purchase in 18 years.
As a % of the S&P 500βs market cap, this was the 9th-largest weekly purchase since 2008.
This follows +$4.8 billion in purchases the week prior, bringing the total to +$11.6 billion over the last 2 weeks, the largest 2-week purchase on record.
This also pushes the 4-week average of hedge fund purchases up to +$1.8 billion.
Meanwhile, institutional investors sold -$1.1 billion, posting their 2nd consecutive weekly sale.
At the same time, retail investors sold -$4.1 billion, bringing their 4-week average of sales up to -$500 million.
Hedge fund demand for US stocks is skyrocketing.
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As a % of the S&P 500βs market cap, this was the 9th-largest weekly purchase since 2008.
This follows +$4.8 billion in purchases the week prior, bringing the total to +$11.6 billion over the last 2 weeks, the largest 2-week purchase on record.
This also pushes the 4-week average of hedge fund purchases up to +$1.8 billion.
Meanwhile, institutional investors sold -$1.1 billion, posting their 2nd consecutive weekly sale.
At the same time, retail investors sold -$4.1 billion, bringing their 4-week average of sales up to -$500 million.
Hedge fund demand for US stocks is skyrocketing.
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This is remarkably typical.
For women who took out student loans in 2009, for example, the average debt load didn't drop below principal until well past 2020.
Men, on the other hand, generally start paying them down not long after graeduation.
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For women who took out student loans in 2009, for example, the average debt load didn't drop below principal until well past 2020.
Men, on the other hand, generally start paying them down not long after graeduation.
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This needs to be changed. This is gamed by bad actors to limit the reach of accounts they don't like
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A retired Air Force lieutenant colonel warns that exposing sensitive security details used to protect Trump on Air Force One could endanger future presidents and military personnel for years
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A tiny home village has been unveiled in Sun Valley, featuring small white and yellow units expected to house more than 200 people, with shared bathrooms and basic air conditioning
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