A BofA report shows the remarkable correlation between the Austria government 100-year bond and Ark Invest Innovation ETF
Their point: if bond yields are going "tactically" lower, "distressed tech" is set for a big rally... Source: BofA, www.zerohedge.com
Anticipation of an eventual US spot Bitcoin ETF continues to push BTC price higher
A Bloomberg's analysts assign a 90% probability of being approved by the SEC in January...
Google and YouTube continue to lead in internet traffic, amassing over 115 billion combined visits in the last month
This figure is more than triple the combined visits to Facebook's family of products, Twitter, Baidu, Amazon, and ChatGPT. Source: Beth Kindig $GOOGL $META $BIDU $AMZN $MSFT
Some investors are worried about VIX index being too low, i.e markets are too complacent
The chart below is a good reminder that a "low VIX" is a normal part of bull markets. Investors seem to always forget this. Source: Mark Ungewitter, Ryan Detrick
Ranked: Worst U.S. Companies for Employee Retention 💼
This graphic by NeoMam Studios is part of Visual Capitalist’s Creator Program, featuring work from the world’s top data-driven talent ✅
The Pentagon said Sunday a U.S. warship and multiple commercial vessels are under attack in the Red Sea.
‘We’re aware of reports regarding attacks on the USS Carney and commercial vessels in the Red Sea and will provide information as it becomes available,’ the Pentagon said, according to the Associated Press.” Meanwhile, "Gulf of Tonkin" is trending on X in the US. Source: Fox News, www.zerohedge.com
This month will go down as one of the best ever for the S&P 500
Did you know that after previous months that gained >8% continued strong returns were common? Higher a year later 90% of the time and up 15.8% on average. Source: Ryan Detrick
The S&P 500 gained 8.9% in November, the 18th biggest monthly advance since 1950. $SPX
Source: Charlie Bilello
