Straight from the Desk

Syz the moment

Live feeds, charts, breaking stories, all day long.

29 May 2024

Hedge Funds dumped stocks at the fastest rate since January and, in particular, sold Industrials at the fastest pace in a decade.

Source: Goldman Sachs thru Barchart

29 May 2024

Warren Buffett’s Current Portfolio

Source: Barchart

29 May 2024

The Semiconductor Index, $SOX, relative to the S&P 500 has once again exceeded Dot-com bubble levels.

The Semis vs S&P 500 ratio has roughly doubled in just 2 years. This comes after a massive semiconductor sector rally of 85% compared to a 35% gain in the S&P 500. The rally has been led by NVIDIA, $NVDA, which has seen a 560% surge during this time. Meanwhile, the top 10% of stocks in the US now reflect ~75% of the entire market, the most since The Great Depression of 1929-1939. Source: The Kobeissi Letter, Bloomberg

29 May 2024

Inflows to equities accelerated to +$12.88bn (largest in 2 months) this week.

via BofA

27 May 2024

Deckers Outdoor acquired the Hoka brand roughly a decade ago.

At the time, Hoka’s annual sales were around $3 million. In the past year, sales topped $1.8 billion. And since the acquisition, Decker’s stock has risen by more than 2,000%... (btw I love these shoes !!!) Source: Jon Erlichman

24 May 2024

2024 Global Equity Returns...

Source: Charlie Bilello

24 May 2024

Nvidia is bigger than entire German stock market, the entire Australian market or the entire Korean market.

Canada and Saudi are within reach. Source: Bloomberg

23 May 2024

Some great one pager on stocks by The Ray Myers!

📉 $RACE -6% Since earnings 🎯Ferrari Q1 One Pager🧐 by @TheRayMyers 🚨Ferrari pricing power in play🚨 0% Shipment Growth +20% Americas Revenue +13.5% EMEA Revenue +10.9% Total Revenue +19% Net Income +20% FCF €1.58B Revenue €352M Net Income €423M FCF Here is the Ferrari Bull Case in4⃣sentences! 🛍️Lifestyle brand attracts new younger fans, amplifying brand power and customer loyalty! 💰Exclusivity allows for higher prices thus enhancing profitability! 🗺️Geographic expansion to India and the rest of APAC supports a slow volume growth! 🚗Strong brand power will support growth for decades! Would you rather have a Ferrari or $RACE stock? NB: This is NOT an investemnt recommendation

Thinking out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

Thinking out loud

Investing with intelligence

Our latest research, commentary and market outlooks