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Visualizing the incredible surge in tech stocks 📊
Markets & Mayhem 🤖
Yesterday the SP500 managed to rise on negative breadth.
It's now been five days in a row where price has gone in one direction and breadth has gone in the other. That ties the record streak from April 1999. Source: Bespoke
Wow. The average S&P500 stock has been on average 4.5x as volatile as the broader index!
Chart: Goldman Sachs Source: Markets & Mayhem
And so begins the S&P 500 buyback blackout period . . .
Source: Markets & Mayhem
Here are the stocks driving the S&P500’s almost 15% return so far in 2024.
Source: Evan
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