Interesting Kernel Global 100 fund, change between Jan and Feb. Apple dropped about 1.5% to 11% and NVDIA increased 1.5% to 8 ish % of total holding
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@audiav, interesting!
I think NVIDIA was only added to the fund around mid last year? The share price has more than doubled since the addition.
Investors took “Asia-ex Japan” approach ignoring Japan. The end result was Japan’s Nikkei 225 stock index hits a new all-time high after 30 years last month. Toyota stocks who bought around 5 in 1985 have gained around 50 times (50 baggers) by now. After hitting all time, currently it’s trading around $242. Toyota has confirmed $2 B investment in Brazil. In the meantime, On Fridy Toyota dropped by 2% and Nvidia plummeted by 5% (The biggest one-day drop in nine months).
And don't forget NVDA 2.07% fall in aftermarket trade !! so total fall some 7.6% .... at one point during trade NVDA fell close to 10% in 30mins !!!!
Another major fall on Monday could turn one of the largest GREED trades in history into MASS FEAR to get out and protect the profit
IMO Inflation unlikely to come down without a recession or deflation.
https://www.axios.com/2024/03/06/jerome-powell-house-testimony-interest-rates
"Federal Reserve chair Jerome Powell told law makers on Wednesday that the central bank expects to cut interest rates "at some point this year," but not until policy makers have gained confidence the war on inflation is won."
How’s ARK hinges going these days?
The major banks will be rubbing their hands together. The consolidation of the banking industry since 2008 has been mind boggling & this is despite it being the major banks instigating the GFC and this claim of too big to fail and Governments have allowed them to just get bigger.
Whats up bull..
ASX in free fall