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Commodities, the silent bull market that almost nobody cares about...
Source: Ronnie Stoeferle, MUFG
1 of the craziest stats in the market right now 👇
$AAPL announced a $110B stock buyback program in Q1. If you strip out the Mag 7 from the index, the average market cap for the S&P 493 is just $65B. $AAPL buyback program is 169% larger than the average S&P 493 company. Source: David Marlin
The most powerful person in the world is the storyteller. —Steve Jobs
Source: Vala Afshar
McDonald’s Back on Long-Term Swing Low
McDonald’s (MCD US) has consolidated 17% since the January highs. It's now testing a strong support zone between 245-250. Keep an eye on this level. Source: Bloomberg
Chinese BYD launches plug-in hybrids with a 2100 km driving range
Source: WSJ
The 5D commodity bull market according to Goldman Sachs
Source: Goldman Sachs Global Investment Research
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