Nvidia's relative volume is getting crazier, yesterday's its traded about as much as the rest of the Top 20 list combined.
Source: Eric Balchunas, Bloomberg
India’s stock markets erase $371 billion after ruling BJP falls short of election expectations
India’s markets saw their largest one-day loss in four years after the electoral performance of Prime Minister Narendra Modi’s ruling Bharatiya Janata Party fell short of expectations. The All India Market Capitalization index, tracked on the Bombay Stock index, dropped over $371 billion on June 4 alone. The losses on Tuesday meant the Sensex index erased all its gains this year in a single day, going from a 5.85% year-to-date gain on Monday to a 0.22% loss position. Source: CNBC https://lnkd.in/df_9zjkZ
JUST IN: BlackRock and Citadel to start a new stock exchange based in Texas that is set to compete against the New York Stock Exchange
Source: Barchart
The $SPX is the most concentrated since 1964.
Restated, it has been 60 years since four stocks have accounted for this big a share of the $SPX. Source: Jim Bianco
90 years of bull & bear markets:
Source: Invest In Assets 📈
Friendly reminder that markets are always wrong about future Fed funds rate.
Source: Michel A.Arouet
BREAKING: The S&P 500 has just hit its 23rd all time high this year and is now up 29% since October 2023
This means that the S&P 500 has officially added $10 TRILLION in market cap since its October 2023 low. The index is now up 11.5% in 2024 even as a total of four interest rate cuts have been priced-out since January. We are on track to see the most all time highs in a year since 2021. Over the last 12 years, the S&P 500 has hit 370 all-time highs, which is more than any 12-year period in history. $SPX Source: Charlie Bilello, The Kobeissi Letter
S&P 500 $SPX hits all-time high
Source: Barchart
