• Bitcoin, Crypto & Stocks

  Distance from all-time high – Magnificent 7

  Posted by Nadlan Group on May 7 at 08:03

  SPX held another tight range day. positive headlines with China tariff talks. The market is responding to the idea of a deal getting done and/or de-escalation. It is possible to see a sell the news event in the case that a deal is done

  S&P is still below the 200d. This is important because there is a certain amount of complacency that can set in before a larger sell. If FOMC gets a negative reaction, the momentum to the downside can quicken. The markets are waiting for a reason to continue going higher after a very strong recovery.

  Distance from all-time high – Magnificent 7:

  Microsoft (MSFT) – 7.48% away from all-time high.

  All-time high at $468.35 Current price $433.31.

  MAGS ETF (equal weight Magnificent 7) – 19.66% away from all-time high.

  All-time high at $58.69 Current price $47.15.

  Meta (META) – 20.73% away from all-time high.

  All-time high at $740.91 Current price $587.31.

  Google (GOOG) – 20.84% ​​away from all-time high.

  All-time high at $208.70 Current price $165.20.

  Apple (AAPL) – 23.68% off all-time high.

  All-time high at $260.10 Current price $198.51.

  Amazon (AMZN) – 23.71% off all-time high.

  All-time high at $242.52 Current price $185.01.

  Nvidia (NVDA) – 25.85% off all-time high.

  All-time high at $153.13 Current price $113.54.

  Tesla (TSLA) – 43.64% off all-time high.

  All-time high at $488.54 Current price $275.35.

  Interesting point:

  In the report to the all-time high, Tesla stock should rise by 77%, Nvidia by 35%, Amazon and Apple by 31%, Google and Meta by 26%, MAGS ETF by 24% and Microsoft by 8%.

  SMCI – Earnings :

  – Revenue: $4.6 Billion, Est: $5.05 Billion

  – Eps: $0.31, Est: $0.2

  LCID – Earnings:

  – Revenue: $235 Million, Est: $246 Million

  – Eps: $-0.2, Est: $-0.23

  RIVN – Earnings :

  – Revenue: $1.24 Billion, Est: $1.02 Billion

  – Eps: $-0.48, Est: $-0.92

  AMD – Q1 2025 Earnings

  Adj. EPS $0.96, est. $0.94

  Revenue $7.44B, est. $7.13B

  Nadlan Group replied 6 days, 14 hours ago 1 Member · 0 Replies

  • Amazon
  • Apple
  • Google
  • Magnificent 7
  • Microsoft
  • Nvidia
  • Tesla
• 0 Replies

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