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June 25, 2023: A Healthy Pause In Market Indices, So Far

June 25, 2023: A Healthy Pause In Market Indices, So Far

The markets last week took a breather from multi week rallies, as we pointed out the NASDAQ looked a bit stretched last week. Dow Jones fell 1.7%, and S&P 500 and Nasdaq fell 1.4%. Tiger Global raised US$2.7 billion for its latest private tech fund, 55% less than...
June 04, 2023: Buy In May, And Stay?

June 04, 2023: Buy In May, And Stay?

Last week Dow Jones rose 2%, S&P 500 was up 1.8%, Nasdaq was up 2%, and the small-cap Russell rose 3.3%. Market leadership remains concentrated in the AI, semiconductors and software space. 5 trillion-dollar companies — including Nvidia, Apple, and Amazon — have...