Jason and Luke get right to it. Special Purpose Acquisition Companies (SPACs) are under pressure…and they aren’t surprised. This is in the face of markets near all-time highs.
Long-term, this is healthy for stocks.
Next, they dive into the data, checking in on the Big Money Index. Volumes have been quiet compared to Q1. They even showcase new functionality coming to MAPsignals subscribers. Soon users will be able to track the BMI each day and see daily ETF buys and sells.
Finally, they breakdown an outlier stock, ASML Holding NV ADR (ASML). This is a semiconductor they’ve known for years. They just smashed earnings.
Jason & Luke hold no position in ASML at the time of filming.