17 Jul 2024
Russell 2000 $IWM is catching up with S&P500...
Russell 2000 is now up +11.3% YTD (with 10.3ppt has come in the last 5 sessions...) versus + for S£P 500 +19.35% YTD Source: Mike Zaccardi
17 Jul 2024
History was made yesterday! The Russell 2000 closed 4.4 standard deviations above its 50-day moving average.
No other major US index (Dow since 1900, S&P 500 since 1928, and Nasdaq since 1971) has ever closed at that much of an extreme. Source: Bespoke
17 Jul 2024
BlackRock generated $4.8 billion in revenue in the quarter, an 8% increase from the same period last year.
This growth was driven by a record $10.6 trillion in assets under management, led by high ETF flows. Source: Genuine
17 Jul 2024
"Trump trade" (or the inflation rotation trade?) – Russell long vs Nasdaq 100 short – gains momentum.
Source: HolgerZ, Bloomberg
16 Jul 2024
🚨 GOLD HITS $2,453 - A NEW ALL TIME HIGH 🔥
🔉 Just as Powell signals rates cuts before inflation comes down to 2%... Source: Bloomberg
16 Jul 2024
Copper's $5 level reminds of the gold's critical $2,000 mark
nce gold breached that resistance, it kept moving with authority. Are we setting the stage for a similar move in copper? Source: Tavi Costa, Bloomberg
16 Jul 2024
Goldman Sachs Republican winners versus losers basket (i.e long stocks likely to benefit from a Trump victory / short those who are likely to suffer from it) added 2.77% yesterday
Source: Bloomberg, RBC
16 Jul 2024
🚨 Chinese Existing Home Prices declined by 7.9% year-over-year last month, the largest decline in history!
Source: Bloomberg
