US - Market Strategy 03 (Jan 24 - Dec 26)

[behappyalways]

JPMorgan Quants Warn of Dot-Com Style Concentration in US Stocks
https://twitter.com/Mayhem4Markets/stat ... 3813155066

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Visa (V)... payment-processing giant
JPMorgan Chase (JPM)... financial giant
American Express (AXP)... financial giant
Citigroup (C)... financial giant
S&P Global (SPGI)... financial analytics
Meta Platforms (META)... social media giant
Amazon (AMZN)... online-retail king
Netflix (NFLX)... video streaming
Nvidia (NVDA)... chip giant
Palo Alto Networks (PANW)... cybersecurity
Dell Technologies (DELL)... laptops and PCs
Danaher (DHR)... science, health, and tech
Eli Lilly (LLY)... pharmaceuticals
GSK (GSK)... pharmaceuticals
Stryker (SYK)... medical devices
Costco Wholesale (COST)... membership-only stores
Colgate-Palmolive (CL)... household goods
Cintas (CTAS)... uniforms
O'Reilly Automotive (ORLY)... auto parts
General Electric (GE)... manufacturing
CSX (CSX)... railroads

NEW LOWS OF NOTE LAST WEEK

C.H. Robinson Worldwide (CHRW)... shipping technology
Peloton Interactive (PTON)... e-fitness fad
DuPont de Nemours (DD)... chemicals
Mosaic (MOS)... fertilizer
MAG Silver (MAG)... silver

Source: Daily Wealth

[behappyalways]

The AI ​​wave splits in two! "How to distinguish AI and BI (sadness) groups"?

AI浪潮一分為二！陳鳳馨傳授「如何分辨AI和BI（悲哀）組」？【#風向龍鳳配 】

https://m.youtube.com/watch?v=XWdjGxfv4gE

[winston]

Smaller, Lesser-Known Stocks Could Absolutely Soar in 2024

by Brett Eversole

History shows that times like 2023 – when a small group of stocks is crushing the market – don’t tend to last.

The smaller, lesser-known stocks could absolutely soar in 2024. So, according to history, those are the investments you should be focusing on right now.

Source: DailyWealth.com

https://dailytradealert.com/2024/02/09/ ... r-in-2024/

[winston]

Wall St Week Ahead: Market breadth suggests narrowing rally

By DAVID RANDALL

Source: The Star

https://www.thestar.com.my/business/202 ... wing-rally

[behappyalways]

Since the Chat GPT investment by MSFT Mag 7 has generated over 100% of $SPY Price returns. Lately its been all $NVDA 42% of the Return of the Equity Market Benchmark for a year is one stock. Ive never seen this. Don't even think it happened with Big Oil or Railroads 100 years ago.
https://twitter.com/dampedspring/status ... 7978185149


Warning signs are starting to pile up on the Nasdaq for the first time in years.

Despite the Composite hitting multiple new highs in recent weeks, more stocks have been falling to new lows than new highs. This is a highly unusual split that has typically preceded weak returns.
https://twitter.com/sentimentrader/stat ... 9690797091

[behappyalways]

Tech is more than one third of the entire US stock market's capitalization
https://twitter.com/Mayhem4Markets/stat ... 7892107447


The top five stocks in the S&P 500 are trading at 3.4 times the market capitalization of the entire Russell 2000 combined

With a super modest price-to-sales ratio of just 7.7 ..
https://twitter.com/Mayhem4Markets/stat ... 3048341923

[behappyalways]

The world has turned upside down...
https://twitter.com/Convertbond/status/ ... 0450579944


Mag 7 vs everything else
https://twitter.com/zerohedge/status/17 ... 7820152986

[winston]

CICC: Mkt Expects US Rate Cut Delay to June; Earnings of US Tech Leaders May Benefit from AI

CICC wrote in a report that a slowdown in the expectation of interest rate cuts by the US Fed is the main line of underlying assets performance in the US.

America reported over-expected CPI and PPI data, resulting in a delay in the expected timing of the interest rate cut, with US bond yield starting to lift.

Currently, the implied interest rate cut expectation of the CME interest rate futures has been delayed to June, with four rate cuts throughout the year.

Gold fell below US$2,000 per ounce and the US Dollar Index approached 105.

US stocks meanwhile retreated, particularly growth stocks, but only to a limited extent, reflecting the divergence in expectations for interest rate cuts among different assets.

In the broker's view, this inflation overshoot will further dampen expectations and the pace of interest rate cuts, although there is also a factor of weighting adjustments at the start of the year.

Although the decline of inflation is slower than expected, it does not affect the direction of an overall falling trend, and it is estimated that headline and core CPI are still expected to fall back below 3% by mid-year.

According to the report, 79% of US companies have disclosed their fourth-quarter results, with 76% of them exceeding expectations.

The market currently forecasts S&P 500 earnings per share to grow at a rate of 3.1% in 4Q.

Among them, information technology, communication services, consumer discretionary and other growth sectors contributed 4.3, 3.4 and 2.1 ppts respectively.

Healthcare, energy and financials meanwhile dragged 2.58, 2.56 and 2.5 ppts respectively.

Earnings of technology leaders remained strong, benefiting from AI and cost reduction initiatives.

Except for NVIDIA (NVDA.US), which will announce its results on 21 February, all major technology leaders have disclosed their 4Q results, with earnings growth of communication services rising to 45%.

Within the sub-segment, interactive media and services grew at a faster pace of 85%, up from 67% in 3Q, driven by continued cost reductions and strong support for its core advertising business from AI technology at heavyweight Meta Platforms (META.US) .

Related News: George Soros' Investment Fund Bets on Many US Low-cost Airlines in 4Q23, Sells Stake in Arm (ARM.US)

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

The bad news: biggest price to earnings gap for big tech since the dot com bubble
https://twitter.com/zerohedge/status/17 ... 4575148159


Single stock call skew on $SPX is almost inverted, pushing to levels not seen since ... November of 2021.
https://twitter.com/Mayhem4Markets/stat ... 6846970936