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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 21 Nov 2023 - - - #### Thanksgiving to Santa Claus Rally trade starts on Tuesday S&P 500 up 79.45% of the time since 1950. Avg performance: +2.57%. Trade combines the best consecutive 3-month span, Santa Claus Rally and January Effect. Source: StockTradersAlmanac.com, Jeffrey A. Hirsch [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Thanksgiving to Santa Claus Rally trade starts on Tuesday](https://blog.syzgroup.com/hubfs/1700547582204.jpg) ![Thanksgiving to Santa Claus Rally trade starts on Tuesday](https://blog.syzgroup.com/hubfs/1700547582204.jpg) 21 Nov 2023 - - - #### Nvidia stock hits All-Time High ahead of earnings: The stock has gained 24% in November, on pace for its best month since a blowout earnings report in May. Nvidia has gained 245% in 2023, pushing its market value above $1.2tn. Source: Bloomberg, HolgerZ [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) ![Nvidia stock hits All-Time High ahead of earnings:](https://blog.syzgroup.com/hubfs/1700516792651.jpg) ![Nvidia stock hits All-Time High ahead of earnings:](https://blog.syzgroup.com/hubfs/1700516792651.jpg) 20 Nov 2023 - - - #### US stocks (Russell 3000) less the Mag 7 is up only +2.95% this year. It is thus underperforming cash for the second straight year. Source: Jim Bianco [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![US stocks (Russell 3000) less the Mag 7 is up only +2.95% this year. It is thus underperforming cash for the second straight year.](https://blog.syzgroup.com/hubfs/1700425459002.jpg) ![US stocks (Russell 3000) less the Mag 7 is up only +2.95% this year. It is thus underperforming cash for the second straight year.](https://blog.syzgroup.com/hubfs/1700425459002.jpg) 20 Nov 2023 - - - #### HARD ASSETS ARE AT THEIR LOWEST vs. FINANCIAL ASSETS SINCE 1925 Source: BofA [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![HARD ASSETS ARE AT THEIR LOWEST vs. FINANCIAL ASSETS SINCE 1925](https://blog.syzgroup.com/hubfs/1700423885702-1.jpg) ![HARD ASSETS ARE AT THEIR LOWEST vs. FINANCIAL ASSETS SINCE 1925](https://blog.syzgroup.com/hubfs/1700423885702-1.jpg) 16 Nov 2023 - - - #### The FT has tracked all of Softbank's IPO returns. And guess what... they are terrible source: Evan Tindell [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The FT has tracked all of Softbank's IPO returns. And guess what... they are terrible](https://blog.syzgroup.com/hubfs/1700087406833.jpg) ![The FT has tracked all of Softbank's IPO returns. And guess what... they are terrible](https://blog.syzgroup.com/hubfs/1700087406833.jpg) 16 Nov 2023 - - - #### Since the end of 2012, the S&P 500 has more than tripled, rising by 216.2% Of that increase, eight megacap stocks have accounted for just under half of the total gain. Source: Bespoke [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Since the end of 2012, the S&P 500 has more than tripled, rising by 216.2%](https://blog.syzgroup.com/hubfs/1700086930567.jpg) ![Since the end of 2012, the S&P 500 has more than tripled, rising by 216.2%](https://blog.syzgroup.com/hubfs/1700086930567.jpg) 16 Nov 2023 - - - #### There are few assets that can provide meaningful diversification benefit in a portfolio, particularly from a real return / purchasing power standpoint In an environment where stocks and bonds are so highly correlated, notable to see the low correlation across commodities - Source: Bob Elliott. [#Forex|](https://blog.syzgroup.com/syz-the-moment/tag/forex) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![There are few assets that can provide meaningful diversification benefit in a portfolio, particularly from a real return / purchasing power standpoint](https://blog.syzgroup.com/hubfs/1700031252766.jpg) ![There are few assets that can provide meaningful diversification benefit in a portfolio, particularly from a real return / purchasing power standpoint](https://blog.syzgroup.com/hubfs/1700031252766.jpg) 15 Nov 2023 - - - #### In case you missed it: Tuesday's rally was not driven solely by the Magnificent 7 Russell 2000 index of small-cap stocks soared a staggering 5.4%, as investors bet the Fed is done raising rates and could be cutting interest rates much sooner than expected. Source: HolgerZ, Bloomberg [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![In case you missed it: Tuesday's rally was not driven solely by the Magnificent 7](https://blog.syzgroup.com/hubfs/1700030482418.jpg) ![In case you missed it: Tuesday's rally was not driven solely by the Magnificent 7](https://blog.syzgroup.com/hubfs/1700030482418.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/297) [296](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/296) [297](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/297) [298](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/298) [299](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/299) [300](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/300) [❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/299) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/312?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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