15 Apr 2024
Bitcoin $BTC priced in grams of gold... (log chart)
Note that 1) $1,000 seems to be a key resistance; 2) Bitcoin hasn't made a new all-time high yet... Source: www.priceingold.com
15 Apr 2024
Consensus earnings estimates are projecting +3% YoY EPS Growth for the $SPX in Q1.
Last quarter, Wall Street was also modelling +3% EPS Growth and the realized number came in at +8%. Source: David Marlin, Goldman Sachs
15 Apr 2024
The Mag7's weighting in the SP500 just hit another new high
Source: Cheddar Flow
15 Apr 2024
Getting to 2% YoY CPI by the end of 2024 means we need to average monthly CPI prints of 0.1% or less from here.
Source: Bespoke
15 Apr 2024
The Paxos Gold token traded as high as $3,000/oz Saturday night...
"Each Pax Gold $PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London."
15 Apr 2024
The 10-year US Treasury yield (blue) is marching back towards its high last October.
Recall that - at the time - US Treasury announced that it would issue less longer-term paper, which is what stopped that rise. That card has now been played and yields are rising again... Source: Robin Brooks
15 Apr 2024
Corporate insiders are more bearish than they have been in at least one decade
Source: InsiderSentiment.com
15 Apr 2024
Corporate insiders are more bearish than they have been in at least one decade
Source: InsiderSentiment.com