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The US has captured one third of all global capital flows since 2020, compared to just 18% before the pandemic
Source: Barchart
As highlighted by Sentiment Trader, market breadth for Nasdaq 100 QQQ is indeed a growing concern
The Nasdaq 100 continues to notch record high after record high. Many of its stocks are not only lagging, but they're falling to monthly, quarterly, or even yearly lows and below their 10-, 50-, and 200-day moving averages. This is not normal. In fact, it's never happened before to this degree. There is a possibility that the average stock will catch up to the index, that is not how things usually pan out. Almost never, in fact. Risk is high in that index.
Almost 23 years ago, Standard & Poor's selected Nvidia to replace the departing Enron in the S&P 500 stock index...
Source: Michel A.Arouet
US vs. International stocks... 3 standard deviations above the mean...
Source: Charlie Bilello
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