9 Dec 2024
How frequent are market corrections following all-time highs?
Source: Mike Zaccardi, CFA, CMT, MBA
9 Dec 2024
"Rotation is the Lifeblood of a Bull Market"
As Semis $SMH cooled off, they handed the baton to Software $IGV. The result? $XLK closed at new ATHs this week. Software & Semis now carry roughly equal weight in the S&P 500 $SPY. Source: Larry Thompson, CMT CPA @HostileCharts
6 Dec 2024
US stock market returns & earnings
Source: @MikeZaccardi
5 Dec 2024
US STOCK MARKET LIQUIDITY IS FALLING
S&P 500 ETF daily trading volume PLUNGED to 26.9 million on Tuesday, near the lowest since 2007. At the same time, S&P 500 futures trading volume FELL to the lowest in 3 YEARS. This increases the risk of some wild moves going forward. Source: Global Markets Investor, The Daily Shot
5 Dec 2024
Overnight gains in US equities have massively outpaced intraday gains.
Source: Chris Murphy, Susquehanna International Group, The Daily Shot
4 Dec 2024
Only small caps are trading at multiples below their 10-year average.
Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi, The Daily Shot
4 Dec 2024
S&P 500 futures positioning is very extended. Nearing record long levels, according to Citi.
Source: Barchart, Bloomberg
4 Dec 2024
ALERT: Buffett’s cash allocation is at 30% of Berkshire Hathaway’s total assets Such an elevated cash position has NEVER been seen
Source: Bravos Research
