
The Kobeissi Letter|Apr 05, 2025 23:40
Since then, EVERY Magnificent 7 stock is down at least -25% from its ATH.
Nvidia, NVDA, once the largest company, has erased -40% of its value and hedge funds have begun selling aggressively.
On Thursday, hedge funds sold 40 BILLION of stock, the largest sale since 2010.
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