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S&P 500 $SPX hasn't declined by 2% or more for 317 consecutive trading days, the longest streak since a 351-day stretch that lasted from Sep 2016 through Feb 2018.
Source: Barchart
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
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
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