Jan. 18 was a good day for US stock market, with major indices closing in green. Many stocks touched new all-time-highs, including NVDA, AMD, UBER, V, COST, ISRG, PANW, TMUS, and MAR.
Wall Street faces first weekly loss in nine-straight gains; VIX Index still historically low; could be profit taking & combined market cap of Mag7 stocks make up a third of S&P 500's weighting.
Visa Inc (NYSE:V) stock hit an all-time-high of $262.48, driven by cash-to-electronic payments switch, operating leverage, and strategic bandwidth. Technicals show a bullish trend.
Broadcom Inc's (AVGO) stock hit an all-time high of $1,099.78 on Wednesday, driven by Q4 earnings beat & doubling AI sales forecast. Technicals show a golden cross indicating a bullish trend.
At a time of excitement around artificial intelligence-related stocks, Bitcoin (CRYPTO: BTC) has made a spectacular recovery under the market’s radar, pushing past the $30,000 level and aiming to revisit the highs