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13 Jul 2023

The S&P 500 is now 3% higher than where it was when the Fed started hiking rates in March 2022. $SPX

Source: Charlie Bilello

13 Jul 2023

80% of stocks in the SP500 are now above their 50-DMAs

80% of stocks in the SP500 are now above their 50-DMAs. Looking at this breadth reading across sectors, it's cyclicals surging and defensives lagging behind. Source: bespoke

12 Jul 2023

Market Behaving Like Past Decade's Pattern Has Been Broken

Going back to 1950, this is currently the 9th longest stretch without the S&P 500 making a new all-time high. Source: Willie Delwiche

12 Jul 2023

SP500 top 10 weights - market cap vs. earnings contribution

Source: J.P.Morgan Asset Management

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