Best hedge fund in history sells NVDA
It's the great unloading of Nvidia (NVDA)…
Just weeks before last month's selloff, Citadel – the most successful hedge fund in history – quietly sold 500,000 shares.
DE Shaw, which once owned over $1 billion of Nvidia stock , slashed its position by half .
The stock has since plunged nearly 10%.
What's happening to what was once Wall Street's favorite company?
And most importantly – what does it mean for your money?
Every billionaire on this list has sold their Nvidia shares – some in the millions…
• Philippe Laffont of Coatue Management (2,937,060 shares)
• Ken Griffin of Citadel Advisors (2,462,716 shares)
• Israel Englander of Millennium Management (720,004 shares)
• Stanley Druckenmiller of Duquesne Family Office (441,551 shares)
• John Overdeck and David Siegel of Two Sigma Investments (420,801 shares)
• David Tepper of Appaloosa Management (348,000 shares)
• Steven Cohen of Point72 Asset Management (304,505 shares)
And now that the stock is slipping once again, millions of retail investors are left to wonder:
What do they know that I don't?
To get the answer, I recently sat down with the 50-year Wall Street veteran who invented the indicator hedge funds use to track money flowing in and out of stocks every day. (Including NVDA.)
What he showed me is perhaps the single most important financial story of 2024… that no one off Wall Street is telling.
It involves the AI trend… over a century of market history… and a looming stock event that goes far beyond the Magnificent Seven .
I urge you to watch at least the first five minutes of our interview before market-close today. It's 100% free when you click here.
If you currently own a single stock – NVDA or otherwise…
It's time to move your money.
Regards,
Kelly Brown
Senior Researcher, Chaikin Analytics
This ad is sent on behalf of Chaikin Analytics, 201 King Of Prussia Rd., Suite 650, Radnor, PA 19087. If you would like to optout from receiving offers from Chaikin Analytics please click here.
This is a PAID ADVERTISEMENT provided to the subscribers of StockEarnings Free Newsletter. Although we have sent you this email, StockEarnings does not specifically endorse this product nor is it responsible for the content of this advertisement. Furthermore, we make no guarantee or warranty about what is advertised above.
Your privacy is very important to us, if you wish to be excluded from future notices, do not reply to this message. Instead, please click Unsubscribe. StockEarnings, Inc
33 SE 4th St, Suite 100, Boca Raton, FL 33432 USA
W: 877.6.STOCKS
StockEarnings.com
Today's Bonus Content: Worried About the Markets? Then Change the Game
No comments:
Post a Comment