TOPLEY’S TOP 10 May 23 2024

1. New Lows in Stock Volatility VIX


2. List of Countries with Semiconductor Government Funding

Dave Lutz Jones Trading
South Korea has unveiled a 26 trillion won ($19 billion) package of incentives to bolster its chip sector – The total is more than double the 10 trillion won Finance Minister Choi Sang-mok had proposed less than two weeks ago.  Shares in Samsung reversed earlier losses to gain as much as 1.4 per cent in Seoul after the announcement. Other semiconductor stocks had climbed in Asia in the wake of Nvidia’s earnings blowout. SK Hynix’s stock extended its morning gains and was up about 3 per cent after the news.


3. The Size of AI Market

Capital Group

Separating AI hype from investment opportunity | Capital Group


4. NVDA 10 for 1 Split….Does Market Return to Stock Splits?


5. American Consumer is Spending at Record Rates


6. Months Supply of Existing Homes

Wolf Street

https://wolfstreet.com/2024/05/22/home-sales-whacked-by-mortgage-rates-active-listings-price-reductions-jump-to-highest-in-years-but-sales-of-high-end-homes-surge


7. Fast Food Inflation

From Zach Goldberg Jefferies


8. Surging Golf Membership Costs

Jack Ablin Cresset
As equity markets hit new highs, country club costs are surging and meme stocks are on the rise again.  Since the end of 2018, the cost of playing golf at public and private golf courses has surged more than 40 per cent, nearly twice the rate of inflation overall.

https://cressetcapital.com/about/team/jack-ablin


9. Top 10 Countries by GDP

Nasdaq Dorsey Wright

https://www.nasdaq.com/solutions/nasdaq-dorsey-wright


10. Think for Yourself

Psychology Today Steven A Hassan PhD

https://www.psychologytoday.com/us/blog/freedom-of-mind/202405/a-few-words-for-graduates