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This is really crazy.
The US market opened at a new all-time high today, marking 6 consecutive weeks of gains for both the S&P 500 and Nasdaq.
Memory stocks are also at ALL-TIME HIGH levels:
$MU at $818
$SNDK at $1,600
$WDC at $502
$STX at $808
$INTC at $132.
The S&P 500 has increased by 17% and Nasdaq by 27% since the March 31 bottom. That’s about $13 trillion in value added in just 41 days.
The market has wiped out all losses from the Iran war sell-off and is trading at levels it has never seen before.