00:00 Speaker a
I want to look at what we saw in those big Cap Tech shares because, you know, it was interesting to see this retreat of the best artists of the year.
00:15 Speaker b
Yes, and that was mainly described as rotation. This is something we have talked about in the past week because investors are moving money from some of those pulse names to perhaps some of the underestimated market areas. And Wall Street analysts told us that this is a healthy bull market sign. You want to see this rotation to see those record highs. And if you look at some of the sector’s actions, you’ll see that rotation story. So look at health care, real estate, consumer hooks. These are the top three performers in the last five days, so certainly more defensive plays. And then look down there, you have Tech, the highest backwardness so far, more than 3%. In the field of technology you will see individual names such as “Palantir”, such as really poorly acting between these rotation movements. The shares decreased by more than 15% of the highest level of all time, which it set last week. And remember that Palantir was the best shares in the first half of the year. So just hit hard. On Tuesday, we saw the shares decreased by 9%. Yesterday, the shares decreased by 1%. In the past, today the preschool market is slightly declining. However, it is interesting that retail traders are aggressively buying DIPS here. So I approached Vanda Track Research to draw attention to what consumers do when they look at the retail trade here. And Vanda tells us that small retail investors sell over $ 59 million on Tuesday. USD to Palantir. Now it was the largest one -day retail flow per week. But even in retail trading, we still see some of those losses. And it just emphasizes that familiar reality that, while retail can retreat slightly, institutional transactions, those institutional flows, they often determine the level of stock prices. And we actually talked to interactive brokers Steve Sosnick about stock and translation. The episode that can be found on our site, and he told us that if a lot of funds redistribute from the name, small traders are essentially standing in front of a much larger wave. So what to remember when we continue to see these leadership changes and, when retail traders are really trying to rush into some of these pulse plays, which are currently being sold in quotes.
03:41 Speaker a
Some people buy that sale, Josh, right? Or they are about to buy that sale.
03:47 Josh
Yes, Julie. I mean, I think the question is now if you look at a one -year -old Palantir chart, right? This is not the first time the stock has fallen in a five -day or 10 -day period. It was the history of this bull market actually many of these actions, right? Look at February. Remember in February? These stocks came together in the end of February, then at the top of the nasdaq. It wasn’t at the bottom of April, but it was bought immersion, right? It is also the fact that the fall, which is currently being bought, is the main issue of investors. So the Jefferies team tried to answer it to their customers. They looked at the last 10 cases where the Momstum Tech stock basket is more than 10%. So it would include stocks like Palantir. This would include recent promotions such as Oracle, Core Weave. And what they found five days after the last 10 cases, the basket actually usually rotates about 4%. It accumulates nine and a half percent over a period of 60 days. So what they have found are at the moment, usually you start finding a little bottom. Now what the Jefferies and other Wolstryt strategists are currently referring to, what’s not happening in those last 10 cases, it’s a big NVIDIA income report on the next week, right? Of course, this is the key to this AI story. So strategists are not hesitant to say that the story says that buy a fall here. The story was not necessarily the biggest promotions of the market that encouraged this AI rally to appear and provided you for advice next week. It looks like this can take a little more into account what NVIDIA says, or whether this submersion is really bought at the moment.