7 May 2024
The S&P 500 $SPX - it has now reclaimed its 50D moving average
Source: Barchart
7 May 2024
Sell in May and Go Away?
It hasn't worked in the last decade, and it isn't working this year either, with the S&P 500 already up more than 3% this month! Source: Barchart, Bloomberg
7 May 2024
Nvidia, $NVDA, has now added $400 BILLION in market cap since its bottom on April 19th.
That's $400 billion over 11 trading days or $36 billion PER TRADING DAY. After falling over 20% from its high, $NVDA is currently just 6% away from a new all time high. It's officially the 3rd largest public company in the US and one of four with a $2 trillion+ market cap. Source: The Kobeissi Letter
7 May 2024
Hang Seng Index is up for 10 straight days now.
Source: Bloomberg, David Ingles
7 May 2024
BREAKING 🚨: U.S. Treasury
U.S. Treasuries are now paying out $2 million per minute! Source: Barchart
7 May 2024
And the Winner is…
Source: Chartr
7 May 2024
Uranium ETFs now at $5b in assets
Source: Eric Balchunas, Bloomberg
6 May 2024
US Stock Market Capitalization as % of GDP...
1984: 42% 1994: 63% 2004: 93% 2014: 114% 2024: 187% Source: Charlie Bilello
