Projected Q1 earnings for the S&P 500 ex-Mag 7 (left-hand chart) vs. Projected Q1 earnings for the Mag 7...
Source: Bloomberg
To the moon!!! US Treasury boosts April-June borrowing estimates to $243b from $202b.
US reiterates a cash-balance estimate of $750bn for the end of June. US Treasury cites lower cash receipts for bigger borrowing estimates. No Mrs Yellen, this is not virtual reality... (picture stollen to Jim Bianco)
Here's the most shocking part of Q1 us GDP numbers...
Source: www.zerohedge.com
Nice relative price chart by Jay R. Ligon at TheeDisruptor
The 7 C's (Cattle, Corn, Crude, Cocoa, Cotton, Copper, Coffee) vs Consumer Discretionary $XLY Why? It is a clear measure of the inelastic demand for commodities (the ultimate staples) versus elastic demand of discretionaries. Plus we can eye inflation at work and the strength of commodities.
Cocoa Biggest Loss in 65 Years 🚨
Chocolate lovers rejoice! Cocoa suffers biggest daily loss in 65 years. Source: Barchart
This ended up being pretty accurate 🎯
Source: Leandro - invesquotes
Change
Source: successpictures, Compounding Quality
72% EPS beat rate so far
6.6% EPS growth SPX ex-Fins & Energy Source: Mike Zaccardi, BofA
