11 Jul 2024
🚨 JUST IN: China suspends its largest facilitator of short-selling in order to preserve market stability
Source: barchart
11 Jul 2024
Big Tech is eating the world with Apple once again the undisputed Number 1.
Apple gained 2% after bullish Bloomberg report about the upcoming AI-enabled iPhone sales prospects. Apple is now worth almost $3.6tn in market cap, Microsoft is number 2 with $3.5tn ahead of Nvidia with $3.3tn. Source: HolgerZ, Bloomberg
11 Jul 2024
🚨 JUST IN: A bipartisan group of Senators announce proposal that would prevent lawmakers from buying stocks and prevent spouses and dependent children from trading stocks beginning in March 2027.
Source: Barchart
11 Jul 2024
The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor stocks led the market higher.
The broad market index jumped 1.02%, closing at 5,633.91, and notching a seventh straight day of gains.
11 Jul 2024
A storytelling chart about Europe
thru Michael A. Arouet, FT
11 Jul 2024
In June, both ISM Manufacturing and ISM Services fell below 49.
Here are all months where both PMI readings were below 49 Source: Bespoke
11 Jul 2024
Sector composition of the S&P500 has shifted significantly over time.
energy used to be 26% of the index... Source: Goldman Sachs, Blake B. Millard
10 Jul 2024
The S&P 493 earnings have been flat to down for the past five quarters.
2Q is expected to mark the first growth quarter for the Other 493. Could it lead to a more balanced market? Source: BofA
