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1) Quantum Leap for Tech Giants —

Fujitsu and Hitachi among others unite to develop cutting-edge quantum computing, poised to shift the tech landscape. #QuantumComputing
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Ben's Bites
It's @nvidia's world in today's recap:

1/ Nvidia hardware is eating the world. Wired interviewed Jensen Huang, Nvidia’s CEO and here are some bites that stood out to us:

- Nvidia is building a new type of data centre called AI factory. Every company—biotech, self-driving, manufacturing, etc will need an AI factory.

- Jensen is looking forward to foundational robotics and state space models. According to him, foundational robotics could have a breakthrough next year.

- The crunch for Nvidia GPUs is here to stay. It won’t be able to catch up on supply this year. Probably not next year too.

- A new generation of GPUs called Blackwell is coming out, and the performance of Blackwell is off the charts.

- Nvidia’s business is now roughly 70% inference and 30% training, meaning AI is getting into users’ hands.

- Full interview: wired.com/story/nvidia-hardw…

2/ Nvidia's also announced new AI chips in a laptop-friendly package. The new RTX 500 and 1000 Ada Generation laptop GPUs are perfect if you want to run crazy generative AI models. Our summary: bensbites.beehiiv.com/p/nvid…

3/ And, Nvidia crossed $2T in market cap.
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The Long Investor
RT @charliebilello: % Below High
Li Auto $LI: -25%
BYD $BYDDF: -44%
Tesla $TSLA: -53%
XPeng $XPEV: -88%
Polestar $PSNY: -90%
NIO $NIO: -91%
Vinfast $VFS: -93%
GreenPower $GP: -94%
Rivian $RIVN: -94%
LionElectric $LEV: -95%
QuantumScape $QS: -95%
Lucid $LCID: -95%
Fisker $FSR: -98%
Nikola $NKLA: -99%
Canoo $GOEV: -99.4%
Lordstown $RIDEQ: -99.7%
Proterra $PTRAQ: -99.95%
Arrival $ARVLF: -99.95%
Faraday $FFIE: -99.99%
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The Long Investor
$CLSK

Wave 3 has hit our target today at $20.70

Chart below from the 9th of Feb, price at $14
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The Long Investor
$ETH Second Target is now within touching distance.

The trigger to buy here was the ascending triangle breakout at $2050, followed by the golden cross from the 50 Day MA through the 200 Day MA.

Following this straight forward breakout and you would be up over 50% now in 11 weeks.

With no need for leverage, options and taking on unnecessary risk.

$ETH is hunting down the Second Target at $3250

Textbook moves here. - The Long Investor
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The Long Investor
$MSFT so far we have our rejection at the top trend line and forming a small Head & Shoulders pattern.....losing the 50 Day MA at $392, could signal the start of the market correction.

$MSFT we continue to watch this closely, it has already rejected at the top trend line.

We can also see 5 waves in this Final Wave 5 too.

A break above the trend line and we get a market melt up.....otherwise, the correction begins.

$SPY $QQQ - The Long Investor
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The Long Investor
$BTC needs a break above $53,000 and $57,000 is next.

Thank you to all who have followed us here from $16,000

$BTC is still showing another 10% climb to complete Wave 5 at $57,000, without going extended. - The Long Investor
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The Long Investor
$ETH every dip is being swallowed up.
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The Long Investor
"This is potentially a once-in-a-lifetime opportunity to buy China equities at valuation levels not seen for a long time," Jonathan Krane, CEO of China-focused ETF provider KraneShares, said in an email. $BABA $BIDU $KWEB

US asset managers ready for turn in China sentiment with products stacked up tradingview.com/news/reuters…
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The Long Investor
The US Total Market Cap typically moves in sync with Total Earnings & Total Revenue, when they start to diverge from each other, the market is showing that it is overheated

We can see how this happened on the chart below in 2021, which caused a correction

What is it showing now? $SPY
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The Long Investor
S&P 500 PE historical average is between 15-17.

Today, there are 360 companies with a PE above 17.

The belief that only the Top 7 companies are performing well right now, is simply not true $SPY
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The Long Investor
Big big week for $AAPL and $MSFT

Both hold the key to the markets direction
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