Topley’s Top 10 – December 06, 2023

1. NVIDIA Fast -10% Correction….All Gains in First Half of Year…..Last 6 Months Only +16%


WSJ Dan Gallagher The past year has certainly made it seem that way, though. Nvidia’s sales have more than doubled—and its market value more than tripled—as major tech companies snapped up the company’s chips to capitalize on the explosive interest in generative AI sparked by the launch of the ChatGPT online chatbot a year ago. 

Intel INTC -1.02%decrease; red down pointing triangle and Advanced Micro Devices AMD -0.16%decrease; red down pointing triangle, two of Nvidia’s largest competitors, have seen their data-center sales shrink lately as the tech giants operating those networks have redirected their spending toward Nvidia’s specialized chip platforms.

3. Homebuilders New Highs.

4. Percent of S&P 500 Stocks Trading Over 200-Day Near Top of Range.

Equities: The percentage of S&P 500 stocks trading above their 200-day moving average.

Source: The Daily Shot

5. Inflation Adjusted (real) 10-Year Treasury Yields Just Got Back to Positive.

JP Morgan Guide to the Markets

6. I Have Not Looked at NOKIA Since Being on Trading Desk Pre-2014….Stock Hit $60 During Internet Bubble…..$3 Last.

7. TLT 20-Year +13% from October Low …Approaching 200-Day

8. I Sent Similar Chart Last Week…Corporate Net Interest Payments at 40-Year Low.

From Barry Ritholtz Blog

Corporate America Has Dodged the Damage of High Rates. For Now.

Source: New York Times

9. Nurse Shortages Are Set to Get Even Worse With Mass US Visa Delays

· Visa backlog indefinitely postpones arrival of 10,000 nurses

· Hospitals were already reeling from labor gaps left by Covid

Bloomberg By Katia Dmitrieva Erica DeBoer, the chief nurse at America’s largest rural health network, thought she could finally offer some relief for her overworked staff and thousands of patients. More than 160 reinforcement nurses were supposed to arrive over the coming months across Sanford Health’s Midwest facilities from as far away as Manila and Lagos, Nigeria.

But now, only 36 are coming — if they’re lucky.The US is in the midst of a visa retrogression, when a surge in demand collides with annual caps, jamming up the processing queue. The delays are particularly bad for the main visa category that hospitals use. Today, government officials are only just starting to work on filings made two years ago — right around the time when many hospitals began hiring foreign nurses and applying for their visas.Experts estimate that at least 10,000 foreign nurses have been delayed indefinitely — a holdup that’s almost certain to worsen an already dire national shortage. After the pandemic led 100,000 nurses to leave their jobs due to burnout or early retirement, US hospitals looked abroad to fill the gap.

“We just can’t take as many patients,” said DeBoer, a 30-year nursing veteran, who plans to hire pricier contract staff in the short-term and push to see more patients online when possible. Foreign workers were a big part of the strategy to fill 1,000 open nurse roles across Sanford Health in the next few years. “We were counting on those international nurses,” she added.

10. 4 aging secrets of Japanese supercentenarians, from a longevity researcher whose great-grandmother lived to 115

Serafina Kenny 

Dec 4, 2023, 12:17 PM E

Yamamoto with Kikue Taira, the younger sister of the world’s oldest ever pair of siblings. Nomoto Shunki, LongeviQuest

  • Yumi Yamamoto has met Japan’s oldest living people, and her great-grandmother died at 115.
  • She’s noticed a few things Japanese supercentenarians do which might contribute to their longevity.
  • She shared these aging secrets with Business Insider, including radio gymnastics.

A longevity researcher who verifies the ages of supercentenarians, and whose great-grandmother lived to the age of 116, shared four aging secrets from the longest-living people in Japan.

Yumi Yamamoto, the Japan research president for LongeviQuest, an organization that validates the ages of the world’s oldest people and collects their stories, has this year verified four supercentenarians, which are those who live past the age of 110. This includes Japan’s oldest person, Fusa Tatsumi, who celebrated her 116th birthday in the spring.

She is also the great-granddaughter of Shigeyo Nakachi, who was the second oldest living person in Japan at the time of her death in 2021.

So, Yamamoto knows a thing or two about longevity, particularly what Japanese people with long lives have in common.

LongeviQuest has verified 269 supercentenarians in Japan, including in Okinawa, one of the world’s five Blue Zones, where an unusually high number of people live to over 100. Like in other Blue Zones, super-agers in Japan tend not to eat much meat and spend lots of time with family.

But superagers in Japan also have longevity-boosting habits which are more specific to the country, which Yamamoto shared with Business Insider.

Eating until they are only 80% full

“There’s a saying in Japanese, which says you should only eat until you’re 80% full, so you should leave space at the end of a meal,” Yamamoto said.

The saying, “hara hachi bu,” helps Japanese people to practice mindful eating and mild calorie restriction, which research suggests reduces inflammation and could be beneficial for longevity according to animal studies, although more research is needed.

The average daily calorie intake of someone from the Okinawa Blue Zone, for instance, is only about 1,900, according to Blue Zones, which is less than the 2,000 calories per day that the US Food and Drug Administration recommends.

Do everything in moderation  One of the biggest lessons Yamamoto has learned from her chats with supercentenarians is “don’t do things to excess, instead do all things in moderation.”

For example, Kane Taneka, the oldest recorded Japanese person and second oldest person in recorded history, who lived to 119, enjoyed Coca-Cola, but, Yamamoto said, would only have one bottle a day.

“She wasn’t addicted to it, and she wouldn’t drink to excess. This is something that I think is common in Japan. Japanese people eat in a balanced way and they don’t eat or drink to excess,” she said. “And that goes not just for food and drink, but also things like not staying up all night.

Experts agree that enjoying treats in moderation can make healthy eating more sustainable — an approach dubbed the 80/20 rule.

Radio gymnasticsIn Japan, people take part in what’s known as radio gymnastics, Yamamoto said. Since 1928, a radio broadcast has directed listeners in body weight exercises for five minutes a day, and Yamamoto tries to do radio gymnastics in the mornings just like Japan’s super-agers, she said.Research suggests that doing short bursts of intense physical activity could lower therisk of cancer and heart disease, and therefore improve longevity.

And, as BI previously reported, most Blue Zones superagers don’t go to the gym, and instead incorporate movement into their daily lives — whether that’s by walking, taking the stairs, or doing group sports to combine socializing with exercise.

Straight posture  Yamamoto said that her great-grandmother was always very “regimented” in her posture, always maintaining a straight back.  “One thing I’ve noticed about Japanese supercentenarians and centenarians is that they’re very disciplined and strict on themselves in terms of straight posture,” she said. “As humans, we will tend to hunch over a little bit as we get older, but very elderly Japanese people, even until old age, will maintain a very straight posture,” she said.  Research suggests that a good posture can minimize strain on the body, prevent pain, and help keep it functioning correctly.

4 Aging Secrets of Japanese Supercentenarians for Longevity (