Did you know that the S&P 500 has been basically flat vs gold over the last six years? 🤔
Source: Markets & Mayhem, BofA
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
$RSP (S&P Equal-weight) vs. $SPX (S&P 500) just broke key support level
Source: Ian McMillan
2024 Global Equity Returns...
Source: Charlie Bilello
Divergence between DJ Transports and S&P500 is something to watch.
The former is seen as a reliable indicator of domestic activity Source: Lawrence McDonald, Bloomberg
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
S&P 500 is up 11.6% in the first 98 trading days of 2024, the 19th best start to a year going back to 1928.
$SPX Source: Charlie Bilello
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
