22 Jan 2024
As stocks hit all-time highs, hedge funds are massively shorting stocks Goldman trading desk: "equity skeptics have piled on short bets
Per our Prime Team, shorts outpaced longs by 2:1 this past week, and 3:1 YTD. " Source: Goldman Sachs, www.zerohedge.com
22 Jan 2024
More to come for semiconductors? The chart below shows a 24-yr base breakout for semiconductors RELATIVE to the S&P 500 $SOX $SPX
Source: Steven Strazza
22 Jan 2024
10-Year Treasury Largest Short Position in History 🚨: Hedge Funds are now short more than 889,000 contracts on the 10-Year Treasury, the largest 10-Year Treasury short position in history
Source: Barchart
22 Jan 2024
The S&P 500 is now 11% higher than where it was when the Fed started hiking rates in March 2022. $SPX
Source: Charlie Bilello
22 Jan 2024
The SP500 just snapped a 512 trading day streak without hitting a new all-time high, the 6th longest in history. Here is how the $SPX responded the 5 previous times:
Source: Barchart
22 Jan 2024
Corporate Borrowing Hits All-Time High 🚨:
Investment Grade Companies have issued more than $150 Billion worth of bonds through the first 18 days of the year, the highest amount in history at this point in the year. Source: Barchart, FT
22 Jan 2024
India is set to overtake Hong Kong to become the world's fourth-largest stock market. It may happen this week assuming current trajectories hold
Source: David Ingles, Bloomberg
22 Jan 2024
US earnings revision: a big tailwind for big tech >>> 5 out of 7 Big Tech names have seen upward earnings estimate revisions for the last quarter and this year over the past 3 months
As a group, they’ve seen average upward earnings revisions of 6.7% and 4.9% for last quarter and 2024 respectively, considerably better than the S&P (-7.1%, -1.3%). Source: DataTrek, TME
