More than 70% of stocks in the index underperformed. That is a record for this century.
Source: Gavekal, The Daily Shot
The S&P 500 crossed above 5,000 today for the first time. It took 757 days to go from 4,800 to 4,900 and just 15 days to go from 4,900 to 5,000.
Source: Charlie Bilello
SPX 4,999.89 ......So Close ....
source : bloomberg
LESS IS MORE... or MORE WITH LESS.
This data is eye-opening. The number of workers needed at S&P 500 companies to generate $1 million in revenue has gone from: 7+ in pre-1990 period to only 2 in 2024 With AI developments, this metric is likely to continue declining Source: Game of Trades
Buffett's Berkshire Beats the S&P 500 in Jan 2024 by 6%
Berkshire Hathaway outperformed the S&P 500 by an impressive 6% in January 2024, marking the fourth highest monthly outperformance over the last decade. Despite Apple, which represents 50% of Berkshire's portfolio, being down more than 3% (indicated by white bars), Berkshire's value soared. In an extraordinary display in November 2018, despite Apple's plunge of over 18%, Berkshire Hathaway saw an increase of more than 4%. source : John Haslett, CA(SA), FRM, Graphite Asset Advisory
Nvidia's market cap is now over $100 billion higher than all of the companies in the S&P 500 energy sector ... combined. $NVDA $XLE
Source: Charlie Bilello
sp500 companies excluding magnificent seven.
Source: Daniel Lacalle
During the election year, the averages tell us that it's going to be sideways to lower for the next 2 months...
Source: Grant Hawkridge
