13 Sep 2024
US fiscal stimulus: no surprise, we haven't seen any slowdwn in terms of spending ahead of the elections...
Source: Bloomberg, www.zerohedge.com
13 Sep 2024
Google Back on Major Breakout Level
Google has consolidated 23% from its July highs and is now testing the April breakout level. While a rebound is occurring at this level, we can't exclude more pressure towards the major swing support zone at 130.66-142.44. The question remains: will the rebound continue? Source: Bloomberg
13 Sep 2024
China bulls are getting tired of waiting
Source: Bloomberg
13 Sep 2024
Goldman Sachs strategists say stocks unlikely to sink into bear market
Source: Bloomberg
13 Sep 2024
Ozempic is selling so well that an insurer requests USD 1 bn in payments back
Source: Bloomberg
13 Sep 2024
US equities bull market => are you afraid to be too late to the party?
If history is any guide, you aren't. As shown on the chart below, history shows there is still rooms to go for this bull market in terms of duration AND magnitue. Source: RBC
13 Sep 2024
Should the FED cut rates next week, the easing cycle will start with an unemployment rate which is on the low side vs. history
Source: RBC, Bloomberg
13 Sep 2024
$SPX The last two bullish engulfing patterns:
Today and May 31st. Source: Frank Cappelleri
