26 Jul 2024
China commodity stockpiles
Source: Robert Friedland on X, The Economist
26 Jul 2024
🚨 Breaking! US GDP growth surpasses expectations, hitting 2.8% (est. 2.0%, prev. 1.4%).
GDP Annualized QoQ Contribution: Consumption 1.57 pp (prev. 0.98 pp) Government Spending 0.53 pp (prev. 0.31 pp) Investment 1.46 pp (prev. 0.77 pp) Exports 0.22 pp (prev. 0.17 pp) Imports -0.93 pp (prev. -0.82 pp) Source: MacroMicro
25 Jul 2024
NEW: Fold becomes the first Bitcoin only financial services company to go public on the NASDAQ 👏
They already have 1,000 BTC on their balance sheet 🚀 Source: Bitcoin magazine
25 Jul 2024
The last time Tech stocks were at these levels relative to the S&P500, Tech stocks crashed, particularly relative to the rest of the market.
Source: J-C Parets
25 Jul 2024
One for the Bulls... As shown below, during this tech pullback, forward 12-months EPS in tech has actually ticked higher.
So you could argue that this is mostly a positioning and sentiment pullback, especially in tech... Source: Bloomberg, RBC
25 Jul 2024
CTAs will dump stocks over the next week in EVERY SINGLE SCENARIO warns Goldman Sachs.
If the market trades lower, CTAs are projected to sell more than $7 billion worth of equities.
25 Jul 2024
Never forget 👇
Source: Barchart
25 Jul 2024
The Magnificent 7 dropped by more than $750 Billion yesterday
Source: Evan, Yahoo Finance
