Cava has blowout year, market takeaways: Asking for a Trend

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Josh Lipton News

Mediterranean Food,Food Stocks,Fast Food Stocks

On today's episode of Asking for a Trend, host Josh Lipton tackles an array of subjects, including fast food stocks and broader trading insights, Food stocks...

We're going to be breaking down the trends of the day that will move stocks tomorrow.We're going to be diving into the battle may be won but the war is far from over Elon Musk pay package getting the ok for more than seven percent of Tesla shareholders.

It's alive and well driving Apple's market cap briefly above that of Microsoft after the iphone maker announced its A I strategy early this week but the games were short lived Apple ending the week behind Microsoft once again with NVIDIA as a close third according to a Thursday post on Reddit, Keith Gill A K A Warren Kitty is now one of gamestop's largest shareholders, the Redditor who helped spark the meme stock craze share.

And, and are, are there differences Nathaniel between, let's say now and 2021 that you see in terms of the trend and the theme and as you point out, you, you would argue it's broadening. When, when you know you're talking to the folks you're you're talking to for your book, some of them are making money but you know, are, are, are a lot of them making money.There, there are a lot of interesting new data sources coming online that give us some insights into that and what I the the the data, I find the most interesting looks at the aggregate sort of retail position in positions in individual stock.

But what you've seen over time is that when you see people losing, you have an opportunity to learn Nathaniel, such a great, super interesting conversation.Thanks for having me, the NASDAQ and S and P 500 Lock in a winning week as the NASDAQ closes at another record.We searched to record highs finally after a lull in the action.It's not on top today.I'm gonna change this to intraday and then actually to market cap and you can see how close these are.

So when you see this going up, that's because money market rates are going up short term, interest rates are going up as the fed. If you break that down into a per restaurant valuation, it has 323 restaurants, you get a valuation per restaurant here of somewhere like $33 million per restaurant.Chipotle doesn't see that kind of valuation per restaurant.

Yeah, I mean, another way to sort of compare it with Chipotle is to look at how many buy ratings you've got.

 

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