It's a bull market baby...
Some amazing statistics for the sp500 Q3 performance as highlighted by Grant Hawkridge on X 👉 S&P 500 closed Q3 at 5.4% 👉The average stock in Q3 was 9.2% 👉394 stocks were positive in Q3 👉109 stocks were negative in Q3 👉337 stocks outperformed the S&P 500 in Q3 These are the things you tend to see during bull markets...
September is in the books!
Source: Trend Spider
😱 The "shocking chart of the day" that no bulls want to see 😱
Source: Mac10
A visualisation of why the fees you pay, matter:
Source: Koyfin
Friday's daily change in S&P 500 Dealer Gamma, $9 Billion, was the largest in history
Source: Barchart
🚨US UNEMPLOYMENT RATE USUALLY RISES BEFORE THE S&P 500 CORRECTION🚨
US jobless rate rose from 3.4% in April 2023 to 4.2% in August near the highest in 3 years. In the past, when the unemployment rate was rising, the S&P 500 index saw significant declines. The us jobs reports in the coming weeks will be key... Source. Global Markets Investor
At 5,703, the S&P 500 is now over 300 points above above the highest 2024 year-end price target from Wall Street strategists and 17% above the average target (4,861).
And there's still 3 months to go in the year. $SPX Source: Charlie Bilello
The number of sp500 stocks outperforming the index is the highest since 2002.
Source: Barchart, BMO
