Smart Money Sells Quantum, Nuclear And Space Stocks; Earnings, Inflation Data Awaited - Apple (NASDAQ:AAPL)
Benzinga·2025-10-21 16:38

Core Insights - The article discusses the current trends in money flows among various stocks, particularly focusing on Rigetti Computing Inc (RGTI) and the broader market dynamics involving the "Magnificent Seven" stocks [4][5][6][13] - There is a notable shift where "smart money" is beginning to sell RGTI stock, while the "momo crowd" continues to buy aggressively, indicating a potential divergence in market sentiment [13] - The article highlights the significant potential in sectors like quantum computing, space, and nuclear stocks, despite the current overvaluation driven by speculative buying [13] Money Flows - Positive money flows are observed in Amazon.com, Meta Platforms, and NVIDIA, while negative flows are noted in Apple, Alphabet, and Tesla [5][6] - The SPDR S&P 500 ETF Trust and Invesco QQQ Trust are experiencing neutral money flows, indicating a stable interest in these broader market indices [7] Sector Analysis - The article mentions aggressive buying in rare earth mineral stocks following a deal between the U.S. and Australia, with notable increases in Australian stocks [13] - U.S.-based rare earth stocks are seeing selling pressure due to anticipated competition from Australia [13] Earnings and Economic Indicators - Approximately 20% of S&P 500 companies are set to report earnings this week, with strong early results from General Motors [13] - Investors are awaiting inflation data scheduled for release on October 24, which could impact market sentiment [13]