Lots of talks about seasonality these days...
If you believe in election cycle, we are in for a stretch of sideways at best. Source: Nautilus thru RBC
Something to be worried about
The chart of the S&P 500 expressed in a strong currency (Swiss franc) does not look the same as in Dollars. Source: i3 invest
Google can keep its popular Chrome browser, a federal judge has ruled
Alphabet $GOOGLE shares are up 8% AFTER-MARKET. Source: Brew markets, CNBC
Based on forward P/E, US equities are trading at a 53% premium relative to the rest of the world
Source: Augur Infinity
September is historically the WORST month for US and global stocks
The S&P 500 and MSCI All-Country World Index have averaged a –2% return in September over the past decade. Stocks fell in 4 out of the last 5 Septembers, with the steepest drop in 2022 — exceeding 9%. Source: Global Markets Investor @GlobalMktObserv, Bloomberg
The best performing stocks in the S&P 500 this year...
Source. Charlie Bilello
All major markets became more expensive last 12 months, US saw LEAST valuation increase MOST earnings growth
Source: Blackrock
$BABA Alibaba shares are jumping +18%
The most since 2022, after China’s e-commerce leader posted a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26% jump in sales from the cloud division. Alibaba’s rally also helped energize the broader AI sphere: Ernie developer Baidu gained as much as 5.8%, while Tencent Holdings also climbed. “Alibaba’s breakout reinforces a broader theme in Asia: while global tech remains preoccupied with geopolitics and valuations, parts of China tech are quietly REACCELERATING—driven not by hype, but by real revenue growth in AI and cloud,” said Charu Chanana, chief investment strategist at Saxo Markets. “This isn’t a broad-based rotation yet—but the divergence is real.” Source: Bloomberg, @neilksethi on X
