18 Sep 2023
Corporate profit margins jump to highest level in 73 years 👀
Source: Bloomberg, Barchart
18 Sep 2023
US High Yield spreads moved down to 3.78% this week, the tightest we've seen since April 2022
Source: Charlie Bilello
18 Sep 2023
The top 3 country equity ETFs in 2023:
1) Argentina $ARGT: +34.7% 2) Greece: $GREK: +32.5% 3) Nigeria $NGE: +29.8% Just like everyone predicted. Source: Charlie Bilello
18 Sep 2023
Heat map of the S&P 500's $SPY performance so far in 2023
Source: Evan, Bloomberg
18 Sep 2023
Top five stocks by market cap are c.50% of Nasdaq-100 Index market cap
Source: SG
18 Sep 2023
The 10 largest companies in the S&P 500 now make up 34% of the index with an average P/E ratio of 50x
This is the highest percentage since 2001 during the Dot-com bubble. Even in the 2008 bubble, this percentage peaked at ~26%. These same 10 companies have accounted for ~80% of the Nasdaq's entire rally this year. Markets are increasingly held up by a few stocks, particularly in the technology sector. Source: The Kobeissi Letter, Apollo
18 Sep 2023
Apple annual revenue from Greater China
Source: Genuine Impact
18 Sep 2023
If analysts are correct, $NVDA will generate more revenue & EBIT over the upcoming three (3) years than in ALL its previous 25 years COMBINED.
Source: Quartr
