NVDA reporting in 2 days. Citron just put up a tweet that they are shorting, with Google just announcing a "next-generation" machine-learning processor at their conference.
Homebuilding stocks (KBH, MAS) look weak. LGIH reported this morning with a big beat (43% above EPS, 77% increase in revenues) and was up about 8% at one point, only to finish down -7.8% today. Looks like the 10-year rate is holding above 2.90%.
The cause of the next crash? College is way overpriced. A lot of the billionaires club are college drop outs. What does that tell you?... lol
I had read an article that said gold and silver were going to make big moves; the gold/silver ratio had hit an extreme, and the way they both have resolved that in recent years was to move up. Gold has been holding 1300. And 10-year yields back to 3.00%, watching the 3.05 level.
kind of interesting to see the the dollar and crude moving in the same direction the past couple of weeks. historically they move inverse but i guess with all the geopolitics going on lately it's broken that correlation for now.
