Contrary Indicators

Intel (INTC) added to the Dow Jones on November 1st, 1999.

Intel (to be) removed from the Dow Jones on November 7th, 2024.

Replacing Intel, we have (surprise), Nvidia, who could have guessed. 🙂

Meanwhile, back at the ranch, Buffett’s selling; not like it’s 1999, but more like it’s 1929.

Sentiment Indicators

Adding Nvidia, removing Intel, could be contrary indicators and potential (near) top-tick for NVDA (not advice, not a recommendation).

Buffett, an indicator of his own, marking the (potential) market top itself with his massive selling (not advice, not a recommendation).

Stay Tuned

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