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14 Oct 2024

Who is buying back their stock?

Source. DB, Bloomberg

14 Oct 2024

WONDERING WHY US STOCKS HAVE BEEN RALLIED SO HARD THIS YEAR

Part of the reasons is share buybacks which currently stand at all-time highs. As shown on the chart below, US share repurchase authorization announcements hit $988 billion, the most on record. This is 3 TIMES HIGHER THAN in 2020 and up 21% year-over-year. Source: Global Markets Investor, Goldman Sachs

14 Oct 2024

⁉️WHO OWNS THE MOST SHARE OF THE US STOCK MARKET⁉️

US households own 38% of the total equity market, the most among other participants. This equals to roughly $33 trillion. This is followed by foreign investors and active mutual funds with 18% and 12% shares respectively. Source: The Kobeissi Letter

11 Oct 2024

Small traders are extremely long in US equities.

Source: Guilherme Tavares i3 invest on X

10 Oct 2024

It's not just online betting markets:

Goldman's "Republican Victory" basket surged today and has taken the lead over "Democrat Victory" for the first time since the debate. Source: Bloomberg, www.zerohedge.com

10 Oct 2024

Is this market unbreakable?

The S&P 500 is about to hit $50 TRILLION in market cap for the first time in history. It's now up +22% this year and over +40% since the October 2023 low. Despite many headwinds (Middle east tensions, US elections uncertainties, etc.), even a pullback of 5% is barely able to hold... How far can this bull market go without any correction??? Source: The Kobeissi Letter

9 Oct 2024

Chanel has had remarkable growth in recent years.

In 2023, it generated more revenue than Hermès $RMS.PA and approximately the same amount as Kering $KER.PA and Richemont $CFR.SW, at around $20 billion. The 114 year-old luxury giant is privately owned by the Wertheimer brothers, whose grandfather was a business partner of Coco Chanel. When the CEO, Leena Nair, was asked about an IPO last year, she said: “We’re going to stay a private, independent company. Rumours always float around, but you can put those to rest." Source: Quartr

9 Oct 2024

$META is up 70% this year and has soared 550% since bottoming in October 2022

If you invested $10,000 in October 2022, you would have over $65,000 Source: Stocktwits

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