The typical ETF investor has about half their portfolio in Tech Stocks
Source: Topdown Charts @topdowncharts
Perhaps the trade this year isn't so much "sell America"rather something like: "spend a lot more money everywhere else" -
At least so far this year. For example, Asian stocks have made their best start over US equities since at least 2000: @TheTerminal Source: Lisa Abramowicz @lisaabramowicz1 Bloomberg
Wild market.
Over the last 8 sessions, 115 stocks in the S&P 500 have decline 7% or more in a single day. The average drawdown when that happens is 34%. Right now we're 1.5% below the all-time high. Source: Michael Batnick @michaelbatnick
Who has the highest P/E among these mega caps? Answer: Wal-Mart $WMT...
Meta $META and Nvidia $NVDA are the cheapest, but if we factored in growth rates $NVDA is way cheaper than $META Source: Charlie Bilello
As far as the standout global earnings story is concerned, it's Korea... and then it's everybody else.
Source: David Ingles @DavidInglesTV
JP Morgan analysts just compiled a list of 19 software stocks that they believe 'are AI resistant'.
What do you think of their list? Source: Dividendology
The "Sell First, Ask Questions Later" Era is officially here.
Markets are panicking over AI replacing jobs and businesses—a trend called AI Displacement Anxiety. Investors aren’t just worried about current earnings; they’re fearing future obsolescence from AI that doesn’t even exist yet. Example: Commercial real estate giants ($CBRE, $JLL, $CWK) saw shares drop 15%+ because of AI fears, not actual competition.
A tale of two markets
Source: Bespoke
