24 Oct 2023
Tweet by Lyn Alden -> "Egypt is currently dealing with a sovereign debt crisis. Multiple ratings downgrades, currency devaluation, working with the IMF, etc.
So, people buy stocks. The stocks are not doing well in dollar terms, but they're doing fine nominally.
24 Oct 2023
Bitcoin hit $34k on short squeeze
BTC
24 Oct 2023
Shares of US firms that miss profit estimates are falling by the most in four years:
Bloomberg Intelligence
20 Oct 2023
MARKET BREADTH NEGATIVE ALERT >>>
SP500 Market Breadth drops to lowest level of the year as only 35.38% of Index Stocks are trading above their 200 Day Moving Averages Source: Barchart
20 Oct 2023
As stocks tumbled, the VIX soared
And after 105 consecutive days of closing below 20, the longest streak since 2019, the VIX index finally closed above 20 - in fact above 21 - breaking the streak on day 106. Source: www.zerohedge.com, Bloomberg
19 Oct 2023
Below a chart of stocks $SPY (S&P 500) vs. bonds $TLT (iShares 20y+ US Treasuries), just as a reminder of the persistence and longevity of this relative trend
Source: David Keller
17 Oct 2023
Through FY24 to FY27, Nvidia $NVDA is projected to generate a total of $342B in revenue
That forecasted total is more than double Nvidia’s lifetime revenues of $160.3B through the end of FY23. Source: Beth Kindig
17 Oct 2023
LVMH vs Novo Nordisk gap is getting extreme. Is there cross asset logic here, or is it just hot money switching from one ex hot asset to another "must have" asset?
Source: TME, Refinitiv
