It was a blockbuster quarter for markets. 📈
22 segments
It was a blockbuster quarter for the
markets. The Nasdaq is on track for a
20% gain with the S&P 500 eyeing a 15%
advance. The Dow Jones Industrial
Average crossed 52,000 for the first
time.
>> This has actually been the best quarter
since 2020.
>> The S&P 500 gained 14%. Nasdaq up 20%
during this quarter. The Dow climbed
13%. That would be the best quarter for
the Dow since 2022.
>> Bitcoin fell further off the cliff. The
Magnificent Seven stocks continue to
underperform. The Lag Seven is in full
effect. Momentum names like Palantir
continue to stink up the joint. No real
buyers emerged for beat-up software
stocks in Salesforce and ServiceNow. I
can go on. There's a lot of software
stocks that are absolutely doing
terribly.
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The market experienced a record-breaking quarter, with major indices seeing significant gains, including the Dow crossing 52,000. Conversely, certain tech sectors, specifically software stocks and Bitcoin, have faced notable declines.
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