So we just wanted to get this data out on the site its the trackers and settles page with the new MEGA8s tracker including AVGO and removing TSLA. We figure this last spot will be a jousting match here for awhile and we hope to get a clear winner. We know LLY is larger in market cap but we wanted to stick with the technology theme for this tracker, but we know its title says “MEGA8s” and some subscribers may be confused if LLY is not listed despite being the actual 8th largest US company by market cap. So we just wanted to get that out.
A couple of other notes, we know the bond market is giving back some gains because of the stronger data, but we still feel the underlying fundamentals are not good. However this doesn’t mean investors won’t remove a few chips from the rate cut scenario, which they indeed seem to be doing here this week. Also the Nasdaq futures are below that important short term 17600 and will most likely cause the Futures Model Tracker to exit the small longs in that c…
