12 Oct 2023
$100k invested in the S&P 500 ETF 30 years ago would be worth over $1.7 million today
Was the road to 17x growth a straight line? Far from it... Source: Charlie Bilello
10 Oct 2023
The KBW Bank Index is underperforming the S&P 500 by 37% year-to-date, on pace for the widest annual gap on record
(note: data via Dow Jones going back to 1993). Source: Charlie Bilello
9 Oct 2023
Equal Weighted S&P 500 is currently trading under its 200 Day moving average by 4.2%, the most this year
Source: Barchart
9 Oct 2023
The drawdown for the long-term Treasury ETF $TLT is now more extreme that the S&P’s drawdown during the Dot Com Crash:
Source: Bespoke
9 Oct 2023
A big intra-day reversal yesterday...
The SP500 just made a near 100 point reversal in 2 hours, adding +$660 billion in market cap... After jobs report numbers nearly doubled expectations, we saw a sharp move lower Friday morning. Expectations of a more hawkish Fed grew which pressured equities. But later in teh session, markets started buying the news on hopes of downward revisions and adjustments in the numbers... Source: Barchart, The Kobeissi Letter Activate to view larger image,
5 Oct 2023
You are here...October and November alone have the highest average monthly return relative to any other months of the year
Source: TME, Equity Clock
3 Oct 2023
Q4 has easily been the strongest quarter of the year with an average gain that is more than twice the average of Q1 and Q2
Source: Bespoke
3 Oct 2023
On a growth-adjusted basis, the mega caps trade at the largest discount to the median S&P 500 stock in over six years
Source: TME, Goldman Sachs
