AI hot stocks like NVIDIA have seen increased volatility, with their relative volatility standing at 4 times that of the S&P 500 index.
10 hours ago
The Kobeissi Letter stated in a post that the three-week volatility of U.S. momentum stocks relative to the S&P 500 index has surged to four times, hitting an all-time high. This ratio has more than quadrupled over the past several weeks. The momentum stock group includes high-growth tech stocks at the center of the AI boom, such as NVIDIA, AMD, Palantir, D-Wave Quantum, and CoreWeave. By comparison, the ratio peaked at around 2 times during the 2020 COVID-19 market crash and roughly 1.8 times during the dot-com bubble burst. The current level is significantly higher than those periods. Meanwhile, the U.S. momentum stock index has dropped 24% since July, marking its largest monthly decline since the 2008 financial crisis. The stocks that previously performed the strongest are quickly losing market favor.
84 million BANK tokens have been transferred from the foundation to the Aster deposit address, valued at approximately $13.7 million.
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Smart money address 'gritsa.eth' has opened a long position of 50 BTC, valued at approximately $3.22 million.
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CZ teases in a post: Even being inactive doesn’t hurt gaining followers – could the bear market be nearing its end?
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US Secretary of Energy states that military operations against Iran will continue.
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