Syz the moment

1. Magnificent 7: +77% 2. S&P 500: +20% 3. Russel 2000: +5% 4. S&P 500 Equal Weight: +4% If you remove the Magnificent 7 from the S&P 500, the index is barely up 5% over the last year. Source: The Kobeissi Letter

Source: Visual Capitalist

Three years ago today, the "meme-stock mania" that saw hundreds of profitless stocks surge hundreds of percent in a matter of months hit its ultimate peak. In the three months leading up to February 12th, 2021, the average stock in the Russell 3,000 (current members) rallied 40%, but there were 178 stocks that saw three-month rallies of more than 100%, 35 stocks that rallied 300%+, and four stocks that rallied over 1,000%. Below is a table of the 35 stocks currently in the Russell 3,000 that rallied 300%+ in the three months leading up to 2/12/21( include also how each of these stocks has performed since 2/12/21) source : bespoke

Japanese stocks index Nikkei 225 closes up 1066.55 points and within striking distance of all time high 38957! It briefly crossed the 38,000 mark for the first time since the asset bubble burst in 1990 as it rallied about 3% and pushed 34-year highs. In times of financial repression aka negative real rates, real assets go up. January PPI came weaker than expected (+0.0% m/m vs. 0.1% expected) Futures going higher still: Nikkei 38110 Source chart: IG

source : visualcapitalist

Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The Amazon founder has sold over $30 billion in shares since records going back to 2002, including about $20 billion combined in 2020 and 2021. He has primarily been gifting stock, including shares worth roughly $230 million that were given to nonprofit organizations in November. source : yahoo!finance, bloomberg

Source: BofA

Meanwhile, US Dollar Index Futures are up every single week this year. Has this relationship now changed, or is the unwind about to come? Source: JC Parets