Multiples Capital on X
$LYFT vs $UBER https://t.co/jsAZEak1pQ
Wednesday, September 3
Everything we published on this day.
6 stories
$LYFT vs $UBER https://t.co/jsAZEak1pQ
$BKNG vs $EXPE https://t.co/zzuhmvsl0k
$NVDA vs $AMD https://t.co/BQ3zrpfhk4
$SPY vs $IWM https://t.co/5PhVIbpBfq
Gold vs Silver ( $GLD vs $SLV) https://t.co/Ugjavn4djw
"Rally of the 2nd Tier": the runner-up is running the show over 6m/3m/1m time periods: • Silver > Gold ( $SLV > $GLD) • ETH > BTC • Small caps > S&P 500 ( $IWM > $SPY) Seeing it occur even in individual stock levels: • $AMD > $NVDA • $EXPE > $BKNG • $LYFT > $UBER What it implies: That breadth + beta has been improving, perhaps in anticipation of rate cuts and overall healthier economy than anticipated. Likely keeps the bull run going for now. Charts below