Don't let anyone trick you into this

Today’s Daily Byte

As we were expecting yesterday, there is some relief in the fierce down move. Markets are looking like they want some intermediate bottom, with some relief rally likely in different pockets. So today was that day where some relief was there on several stocks, although not the entire market was going up after the drubbing US stocks got on Friday. Today’s market was a surprise for many that we did not get roiled alongside that.

Today’s topic is going to be a lot of data from the past, covering massacres that we’ve had in the market and how stocks and sectors move during that.

Reading Time : 4 Minutes

Exit is absolutely crucial !

This is a chart of Fart Coin, a cryptocurrency that started as a joke, yet in January 2025, it reached a market cap of $2.5 billion (₹25,000 crore). To put that into perspective, Fart Coin was worth more than 1,200 small-cap companies in the US (Russell 3000 Index) despite having no intrinsic value or purpose. . . . .

Reading Time : 4 Minutes

Trend is your friend

A fascinating chart from Refinitiv highlights the performance of the Magnificent Seven in the US—Apple, Microsoft, Alphabet, Tesla, Meta, Nvidia, and Amazon—against China’s Terrific Ten, which includes Alibaba, Tencent, and other major Chinese tech firms.

For most of the last two years, the US tech giants dominated the market, while China’s tech sector remained largely stagnant. However, since September 2024, coinciding with the increasing probability of Trump’s return, the Terrific Ten have staged a massive breakout, surging 76%, matching the same gain seen in the Magnificent Seven over the same period. . . . .

Reading Time : 3 Minutes