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LT investing

@LtInvest_

Long term Investor | Focusing on Tech

$VRTX 20 patients have started their treatment journey with Vertex’s gene therapy, Casgevy. Vertex aims to activate around 75 treatment centers globally, with over 35 already operational. Vertex lifts sales guidance as the launch of Casgevy gains momentum.


Nvidia is under investigation by the US Department of Justice for allegedly using its market dominance in AI chips to penalize customers who purchase from competitors, according to sources cited by The Information.


LT investing Reposted

The US Bond Market has now been in a drawdown for 47 months, by far the longest bond bear market in history. bilello.blog/newsletter

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LT investing Reposted

An article in MW: GameStop’s, $GME, $2.1 billion stock sale taxes its shareholders and hurts the economy

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LT investing Reposted

The odds of Joe Biden dropping out of the 2024 presidential race just randomly jumped to 47%. What just happened?

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LT investing Reposted

Tesla China says sales hit a "new high" in June, according to their Weibo page.

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LT investing Reposted

TSMC is seeking land for a CoWoS advanced packaging production site in Pingtung, Taiwan, a rural area of south Taiwan, as it struggles to keep up with heavy demand, media report, citing unnamed industry sources. TSMC declined to comment, while the government overseer of…


LT investing Reposted

Today the S&P 500 managed to rise on negative breadth. It's now been five days in a row where price has gone in one direction and breadth has gone in the other. That ties the record streak from April 1999. Read more in tonight's Closer: bespokepremium.com/interactive/po…

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LT investing Reposted

The S&P 500 has gone 334 trading days without a one-day drop of 2% or more dating back to 2/21/23. If we make it to July 17th without a 2%+ drop, this would become the longest streak since we went 949 trading days without one from 5/20/03 to 2/26/07!

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LT investing Reposted

Liftoff!


LT investing Reposted

Current max drawdown for ⁦@Conferenceboard⁩ Leading Economic Index now at -14.7%, which is only consistent with recessions looking back at history

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LT investing Reposted

Since last October’s low for the S&P 500, the index is up nearly 33%, while NASDAQ 100 is up 40.4%, Russell 2000 is up 23.5%, and Dow is up 19.6% [Past performance is no guarantee of future results]

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LT investing Reposted

Microsoft $MSFT CEO Satya Nadella just said: “Today marks the beginning of a new era for Windows, with the launch of Copilot+ PCs”

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LT investing Reposted

The tide is shifting in South Africa. You can feel it. Will probably be one of the best hunting grounds for cheap stocks over the next 3-5 years. 🇿🇦

The US banking giant has upgraded SA from underweight to overweight on bets that the GNU is the best post-election outcome for the country. news24.com/fin24/markets/…



LT investing Reposted

1/4 Last week, BlackRock Admitted: For now, about 80% of bitcoin ETF purchases have likely been coming from “self-directed investors who have made their own allocation, often through an online brokerage account." cnbc.com/2024/06/16/adv…


LT investing Reposted

Not much upside in '24 looking at Wall Street targets.

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LT investing Reposted

Here's the five mega-caps with $500+ billion market caps that are in extreme overbought territory (>2 st. dev. above 50-DMA): Broadcom $AVGO, Microsoft $MSFT, Apple $AAPL, Lilly $LLY, and NVIDIA $NVDA.

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LT investing Reposted

Gold equities are the cheapest they've been in over 40 years. Most gold equities deserve to trade at a discount to NAV. Your job is to find those generating tons of cash and using that cash to buy back stock, pay dividends, and eliminate debt. #gold H/t @minenergybiz

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LT investing Reposted

"When I started talking to Elon Musk about joining the company, it was really not about Twitter at all but was about becoming the everything app" Twitter was a 140 character messaging app, but now 𝕏 is already a video-first platform & on its way to becoming the everything app.


LT investing Reposted

COLUMN: Peak oil and Saudi Arabia "The staggering amount of oil the Saudis consume – 3.7 million barrels a day, the world’s fourth most, behind only the US, China and India — means the kingdom would play a key role in shaping demand" #OOTT @Opinion bloomberg.com/opinion/articl…


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