The world's most important stock exchange and the world's most important stock index.
Source: J-C Parets
Asset class returns as of end of August and since 2011
Source: Charlie Bilello
Sector Heatmap Performance for August 🔥
📈 Consumer Staples were the biggest winners $XLP 📉 Energy was the biggest loser $XLE Source: Trend Spider
The S&P 500 is up 18.4% in the first 168 trading days of 2024, the 15th best start to a year going back to 1928 and best start to a presidential election year ever.
Source: Charlie Bilello
BREAKING: Global net gold purchases by central banks reached 483 tonnes in the first half of 2024, the most on record.
This is 5% higher than the previous record of 460 tonnes set in the first half of 2023. In Q2 2024, central banks bought 183 tonnes of gold, marking a 6% year-over-year increase. On the other hand, this was 39% lower than the 300 tonnes of purchases seen in Q1. The largest buyers were the National Bank of Poland, the Reserve Bank of India, and the Central Bank of Turkey. Why are central banks stocking up on gold? Source: The Kobeissi Letter
BREAKING: The right-wing AfD and the anti-woke BSW emerge as clear winners in the German state elections of Saxony and Thuringia, while the globalist government parties suffer a crushing defeat.
Source: Dr. Simon Goddek on X
Today's society
Source: Moral Wisdom
Alibaba Constructive Build-Up
Alibaba (BABA US) has consolidated more than 80% since October 2020! Although the long-term trend is still bearish, there have been some constructive rebounds since the major support zone between 58-70 was tested. Keep an eye on this key level. Source: Bloomberg
