30 Dec 2024
Yearly candles on the S&P 500. This looks like a multi-year breakout. 🐂 $SPX
Source: Trend Spider
30 Dec 2024
Not the Magnificent 7, but 2024 was the year of BATMMAAN! 🦇
BATMMAAN: +70% YTD Mag 7: +65% YTD S&P 500: +27% YTD Source: Wall St Engine,@wallstengine
30 Dec 2024
🚨 The S&P 500 is down 1.0% in December but most of the sectors have been in a carnage:
Energy -10.7% Materials -9.9% Real Estate -8.9% Utilities -7.6% Industrial -7.0% Healthcare -5.3% Financials -4.6% Consumer Staples -4.0% 🚨 Tech holds this market. Source: Global Markets Investor, Bloomberg
30 Dec 2024
At 5,971, the S&P 500 is over 500 points above above the highest 2024 year-end price target from Wall Street strategists and 23% above the average target (4,861).
$SPX Source: Charlie Bilello
30 Dec 2024
One needs to take long-term forecasts with a pinch of salt, but there is some merit to it. Don’t bet against the US.
Source: Michel A,Arouet, The Economist
30 Dec 2024
The Federal Reserve has reduced the size of its balance sheet by 10.7% this year, the largest percentage decline of any year on record.
Source: Charlie Bilello
27 Dec 2024
The Price of Diamonds
They say diamonds are a girl's best friend, but not so good for your porfolio. Prices have fallen to their lowest level this century! source : barchart, Bofa
27 Dec 2024
An index of Rolex Watch Prices is at its lowest level since November 2020, down 31% from the peak in March 2022.
Source: Charlie Bilello
