The stock market is bifurcating
This chart shows the 11 S&P 500 sectors indexed from the pre-COVID index peak in February 2020. The spread between winners and losers is getting increasingly large. Source: Fidelity
China Developers Soar as State Help Fuels Bets on Market Bottom
Source: - Bloomberg
Tesla stocks keep falling due to Twittermess
Tesla is now worth <$600bn Source: Bloomberg
ETF flows: Investors have shifted back towards risk
45%% of ETF inflows concentrated in equity funds over past month; only 7% of flows have been into U.S. government bond funds. Arbor Research
Fed Pivot is not always a great news for the stock market
At least in the short-run... Source: www.elliotwave.com
US small & mid caps stocks valuations remain cheap
The absolute forward P/E for the Russell 2000 suggests double-digit annualized ten-year returns Source: BofA
S&P 500 Energy Index has climbed to highest since late 2014
[Past performance is no guarantee of future results] Source: Bloomberg, Liz Ann Sonders
#Samsung posts upbeat #earnings ! #stocks #trading #markets #Nasdaq #trending
Samsung reported better than expected revenue, signaling tech earnings may not be as bad as some feared about weakening demand and a rise in material costs. Investors are slowly shifting toward the view that the economic slow down may not be as painful as thoughts a few weeks earlier and there are increasing signs that inflation should ease in the medium term.
