Market is at All Time Highs, $AVGO & $GS Call Options

Powell has finished speaking. Market is at all time highs. $DJIA(.DJI)$ $S&P 500(.SPX)$ $NASDAQ(.IXIC)$

We just witnessed history: The S&P 500 has officially added $10 TRILLION in market cap since its October 27th low.

Since October 27th, the S&P 500 is up a whopping 1,150 points, or 28%. That means the index has added $10 trillion in 97 trading days, or $103 billion PER DAY since October 27th.

AI hype and Fed pivot hopes are literally adding trillions in market cap for stocks. How high can this go?

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$S&P 500(.SPX)$ is up 9.5% in the first 55 trading days of 2024, the 15th best start to a year going back to 1928.

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Among the three major indexes, among the top 10 stocks in the S&P 500 by market capitalization, $Broadcom(AVGO)$ rose the most by 5%, while $Apple(AAPL)$ fell 4.09%.

  • Good news for $Broadcom(AVGO)$ :Benchmark restated their buy rating on shares of Broadcom (NASDAQ:AVGO – Free Report) in a research report report published on Thursday morning, Benzinga reports. They currently have a $1,720.00 price target on the semiconductor manufacturer’s stock.

  • Bad news for $Apple(AAPL)$ :The main reason for $Apple(AAPL)$ is that Apple has been accused by the U.S. Department of Justice and 16 states of monopolizing or attempting to monopolize the smartphone market.

  • Barron's Weekly published an article saying that Apple has been criticized for years for its tight control of its popular devices, and now it has been challenged by U.S. judicial proceedings. But judging from past cases, it is not easy to defeat Apple in court.

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$Broadcom(AVGO)$ has been a terrific winner In $Broadcom(AVGO)$ march 28 1280 calls and Now added Arpril 05 1400 calls.

Inside the $DJIA(.DJI)$, $Goldman Sachs(GS)$ $Home Depot(HD)$ $Caterpillar(CAT)$ raised over 2% respectively, showed great up strength on Thursday.

Especially the $Goldman Sachs(GS)$ stock breaking out on daily and weekly time frame and moving close to all time highs around $426.

Looking to add calls above $415 for a move towards $426 and higher. Stock is strong on indicators. Stock broke out of flag on weekly time frame.

Hopefully, "The bigger the base, the higher in space."

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# 💰 Stocks to watch today?(26 Apr)

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  • VivianChua
    ·03-25
    Nice 💚 💚 💚
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