8 Oct 2024
The come-back of emerging markets equities?
We just witnessed the 2nd largest weekly inflow to EM equity funds ever according to BofA / EPFR fund flows data. Among the tailwinds for EM equities: weaker dollar, Fed cutting rates, room for EM central banks to ease monetary policy conditions, China stimulus and cheap valuations. Source: BofA, @ackmeni on X
8 Oct 2024
CTAs are projected to sell the S&P 500 in EVERY SINGLE scenario over the next week and month, as much as $38 billion worth, according to Goldman Sachs
Source: Barchart
8 Oct 2024
😱 The shocking chart of the day: Chinese stocks surged by 5.93% while Hong Kong Stocks collapsed by 9.41%, the largest single-day divergence in history 😱
Source: Barchart
7 Oct 2024
In case you missed it... European financials index closed the week at the highest level since 2008...
Source: J-C Parets
7 Oct 2024
Top 10 largest US Stocks vs the rest of the S&P 500 so far in 2024
Source: www.econovisuals.net
7 Oct 2024
If futures are any indication, Mainland Chinese stocks are going through roof at the Tuesday reopen from the week-long holiday.
Source: David Ingles @DavidInglesTV on X, Bloomberg
7 Oct 2024
HedgeFunds are now the least bullish on Mag7 stocks since May 2023
Source: GS Prime, Barchart
7 Oct 2024
Here's a bullish chart.
Achieving a 52 and multi-year high in the Discretionary over Staples performance ratio, in the Q4 period, is not bearish and historically a harbinger of higher equity prices by year-end. Source: @Seth Golden on X
