By coinnews 
00:00 Speaker A
Mag Seven stocks added more than $1.8 trillion in market cap value on Wednesday alone. It was a rip-off your face rally for the ages. So let’s take a look at some of these record-breaking moves. I’m Jared Blickre, host of stocks in translation. First up, let’s take a look at what has happened in these stocks this year. So we got seven stocks, and I’ve divided the year into three parts, and they are definitely unequal. In blue, we have yesterday, that would be April 9th, alone, that Wednesday when we had some of the biggest market moves in history and some of these stocks. And then we also have from the February 19th top to April 8th, and that’s that big down move. Uh, February 19th was the top in the S&P 500 and some of the other indices. And then in white, we have the year end of last year to February 18th, and that would just be up for some and down for some in the S&P 500. It was a little bit of a rally. So looking at this chart, you can see that first part of the year into February 19th, that really wasn’t much. It was just kind of a blip on the radar. These little white spots here, some up, some down as I said, meta was the best performer, had those 20 up days. Uh, but then when you look at the declines, those were substantial. Nvidia and Apple both saw declines well over $1 trillion over this time period, and you can see some of the gains are a little bit less, but even Amazon down $500 billion, nothing to sneeze at. And then if you focus on the blue, uh, those blue bars, that’s what happened yesterday, April 9th, and you can see Nvidia up $440 billion, Apple up $397 billion. The least, uh, the least bullish of these was Tesla up $162 billion, nothing to sneeze at here. And a lot of this corresponds to the top 10 days for the mag seven of all time. These are the biggest market cap gains single day in history, and Nvidia and Apple are right there. I already went over those two moves. In fact, everything in green is what happened yesterday. So four out of the top 10 moves in history occurred on April 9th. Now, I also took a look at the worst moves in history, the worst single day moves, and looks like one, two, three, four, five, six of those out of the 10 happened this year alone, and that’s everything in green that you’re seeing. A lot of these happened very recently in April. You can see the biggest of these is, uh, $300 billion declined by Apple on April 3rd, and then it also takes the number two spot down over $200 billion the next day on April 4th. You put it all together, it really validates the thesis and the common understanding among investment professionals that the volatility clusters. So some of the best days in history are usually right around some of the worst days in history. And whether or not you want to stick in the market and survive all that, uh, that’s a topic for another day. But tune into Stocks in Translation for more market decoding deep dives, new episodes on Tuesdays and Thursdays on Yahoo Finance’s website, or wherever you find your podcasts.