The $S&P 500(.SPX)$ hit a new all-time-high of 5,500 yesterday. That is the index's 31st time it has hit a new all-time-high in 2024! Increasing, more and more experts are coming on TV to say that the market will crash soon. Is the market hitting a new high a bearish signal? History says no. Since 1950, the $S&P 500(.SPX)$ Has Set 1,250 All-Time Highs along the path to its current level. That’s an average of 16 All-time-highs a year If you break it down by decades, the 1990s had 300 all time highs made. This decade was one of the most bullish, with the S&P 500 gaining +312%. The 2000's had only 13 all time highs. The 2000's was one of the most bearish decades, which saw the dot com crash and G
New Highs for Semi! Is Broadcom Next Nvidia?
Broadcom continued to jump after earnings and split news, closing above $1800 on Monday. Following in Nvidia's footsteps, Broadcom plans a 10-for-1 stock split after the market close on July 12. Besides Broadcom, TSMC, AMAT, MU, QCOM, and other semiconductor companies are also hitting new highs. ------------- Would you buy Broadcom before or after the stock split? Which semi stock do you hold or bullish? What's your target price for AVGO? Is it next Nvidia?
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