This week’s chart looks at the massive divide between year-to-date returns on the Big 7 tech stocks and the rest of the S&P 500.
Read the entire article: Concentrated equity market persists in 2023 | FS Investments
Concentrated equity market persists in 2023 | FS Investments Read Post »
(Prescript: Please note that this is BEHIND us, not in front of us. ~jrs)
Treasury bonds’ losses over the past three years have amounted to the worst bear market in the nearly 250-year history of the U.S., according to Bank of America’s Michael Hartnett, who included some charts on Treasury performance in his latest “flow show” note shared with MarketWatch late last week.
Read the entire article: Treasury-market selloff has become the worst bond bear market of all time, according to BofA — TradingView News
It’s been a rough half of the year for the S&P 500 — with it slipping nearly 3%. But that’s not stopping analysts from calling for an amazing next 12 months. Wall Street analysts are expecting monster rallies in the next 12 months in 10 S&P 500 stocks, including…
I read a lot of negativity out there, but here’s a reminder that there are two sides to the market and there is ALWAYS the likelihood that the majority could be surprised! ~jrs
Source: S&P 500: Analysts Predict A 19% Surge Soon — Lifted By 10 Stocks | Investor’s Business Daily
We thought we’d first reflect on the stock market which — despite having to reckon with banking blow-ups, geopolitical tensions, and interest rate hikes over the last 3 months — has had a pretty solid start to the year.
Read the entire article: Chartr Newsletter: Mar 27, 2023
Chartr Newsletter: Mar 27, 2023 Read Post »
The stock market’s major indexes are feeling more pain, falling to session lows in afternoon trading Friday. Investors were shaken by the Silicon Valley Bank closure, which is hitting the entire sector.
Read the entire article: Stock Market Loses The Fight; Bank Shutdown Affects Whole Sector | Investor’s Business Daily
Millennials are in the driver’s seat when it comes to trading. And they’re betting big on a handful of favorite S&P 500 stocks.
Tesla (TSLA), Apple (AAPL) and Amazon.com (AMZN) continue to be the top holdings of millennial investors and all are up in value this year, says an Investor’s Business Daily analysis of data from the just-released Apex Next Investor Outlook for the fourth quarter and S&P Global Market Intelligence.
Read the entire article: S&P 500: Millennials Are Trading Like Crazy — Here’s What They’re Buying | Investor’s Business Daily
The news of the (second) impeachment seems strangely pedestrian after the blowtorch intensity of Reddit vs. The Hedge Funds.
The good news is that the hedge funds didn’t conspire with market makers and trading apps to suppress a (warranted) generational revolution.
The inevitable Netflix/Hulu/Starz versions will not be so romantic; Reddit mainly inspired a transfer of wealth from one hedge fund to others. It was a pump and dump masquerading as a movement … with many retail investors left holding the bag.
Read the entire article: The Algebra of Wealth | No Mercy / No Malice
The Algebra of Wealth | No Mercy / No Malice Read Post »
Beats a second career of working as a Walmart greeter, right? -Jeff
TOKYO — A 37-year-old Tokyo man who says he rents himself out to other people “to do nothing” has been inundated with gratitude from Twitter users, indicating people are happy with his new form of support.
“I’m glad I was able to take a walk with someone while keeping a comfortable distance, where we didn’t have to talk but could if we wanted to,” one user wrote. Another reflected, “I had been slack about visiting the hospital, but I went because he came with me.”
Read the entire article: ‘Rent-a-person who does nothing’ in Tokyo receives endless requests, gratitude – The Mainichi
Massachusetts securities regulators filed a complaint Wednesday against the wildly popular trading platform operated by Robinhood Financial LLC, alleging the company aggressively marketed to inexperienced investors and failed to implement controls to protect them.
Read the entire article: Massachusetts Regulators File Complaint Against Robinhood – WSJ
Massachusetts Regulators File Complaint Against Robinhood – WSJ Read Post »
A racing pigeon from Belgium has set a new record after being sold for €1.6m ($1.9m, £1.4m).
New Kim, a two-year-old female, was initially put up for auction for just €200, but was bought by a bidder from China on Sunday for the record amount.
Kurt Van de Wouwer, whose family bred and owned the pigeon, said they were “in shock” at the news, according to Reuters news agency.
Read the entire article: New Kim: Racing pigeon from Belgium sold for record €1.6m – BBC News
New Kim: Racing pigeon from Belgium sold for record €1.6m – BBC News Read Post »
Read the entire article: U.S. single-family homebuilding, permits surge to more than 13-year high | Reuters
U.S. single-family homebuilding, permits surge to more than 13-year high | Reuters Read Post »
Are you tempted to change your investment strategy because of the 2020 Presidential Election? You’re not alone. In a recent survey, 45% of investors said they plan to make changes to their investments because of the election.
If history is any guide, this may not be a wise decision. For the past 12 presidential elections, the S&P 500 Index has generally been positive 90 days before and after Election Day.
Read the entire article: Thinking of Changing Your Portfolio Because of the Election? Think Again.
Thinking of Changing Your Portfolio Because of the Election? Think Again. Read Post »
Last month, the Business Cycle Dating Committee of the National Bureau of Economic Research—the “scorekeepers” of economic recessions and expansions in the U.S.—marked the peak month of the previous expansion in February 2020, officially marking an end to the longest expansion on record (128 months) dating back to 1854.
Read the entire article: Is the U.S. Recession Over? | Iris
Is the U.S. Recession Over? | Iris Read Post »
Robinhood is marketed as a commission-free stock trading product but makes a surprising percentage of its revenue directly from high-frequency trading firms.
It appears from recent SEC filings that high-frequency trading firms are paying Robinhood over 10 times as much as they pay to other discount brokerages for the same volume.
Robinhood needs to be more transparent about its business model.
Read the entire article: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders | Seeking Alpha
Joe McLoughlin argues that developing a shorter-term sense of what is happening and being able to act on it might help enhance returns in the long run.
Read the entire article: Tactical asset allocation
Tactical asset allocation Read Post »
