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

[behappyalways]

Pt.1 Stocks are like beer! No foam, does it taste good?

'24.03.05【豐富│東南西北龍鳳配】Pt.1 股票就像啤酒！沒有泡沫，好喝嗎？

https://m.youtube.com/watch?v=U166l4RgcSg

[winston]

This isn’t a bull market — it’s a ‘duck’ market. Here’s why.

by Joseph Adinolfi

Since the beginning of the year, the S&P 500 SPX has experienced a maximum drawdown of 2% through Wednesday, compared with 9% for the average index constituent.

The reality is the stock market is acting a little more like a duck than a bull: calm on the surface but paddling like the dickens underneath”.

This discrepancy is even greater for the Nasdaq Composite COMP: the tech-heavy index has seen a maximum drawdown of just 3% this year, while the average Nasdaq stock has fallen 23% from peak to trough.

Roughly half of the issues in the S&P 500 are trading below their levels from January 2022, while roughly 10% of the individual stocks in the index have outperformed it over the past year.

Right now, breadth appears to be slowly improving. If this continues, the volatility gap between the indexes and their members should shrink.

Source: Market Watch

https://finance.yahoo.com/news/isn-t-bu ... 00413.html

[behappyalways]

We're down to the Magnificent 4 now as $TSLA, $AAPL and $GOOGL are negative year-to-date, underperforming the S&P 500
https://twitter.com/Mayhem4Markets/stat ... 2395966932


hedge funds keep shorting energy.
https://twitter.com/zerohedge/status/17 ... 9416849821



Tech Funds just saw the largest outflow in history of $4.4 billion
https://twitter.com/Barchart/status/1766299681389502769

[behappyalways]

Stock concentration is at Great Depression levels
https://twitter.com/zerohedge/status/17 ... 5536829563

[behappyalways]

Outside of $NVDA and $META, the "Mag 7" are rather tame this year, with $TSLA, $AAPL, and $GOOGL struggling.

Leadership is narrowing.
https://twitter.com/Mayhem4Markets/stat ... 7840183801

[behappyalways]

Almost 40% of the Russell 2000 doesn't make any money, according to RBC
https://twitter.com/Mayhem4Markets/stat ... 7933048973

[behappyalways]

Why are we bullish on $XLU here? Look at power consumption forecasts.

In the US we're set to see power demand double over the next 10 years due to data center and manufacturing growth.
https://twitter.com/Mayhem4Markets/stat ... 0475424238

[behappyalways]

The "Buffett Indicator" of US stocks is moving closer to 200%.
Is the market "playing with fire"?
Experts do not think it is overheated.
The current situation of Taiwan stocks is described as "gravity acceleration"

美股"巴菲特指標"向200%靠攏 市場在"玩火"? 專家不認為過熱 以"重力加速度"形容台股現況｜非凡財經新聞｜20240328

https://m.youtube.com/watch?v=w8ZIzcO2sV8

[behappyalways]

Didn't know Nvidia is now cheaper on NTM P/E ratio than two other Mag7 stocks $TSLA $AMZN
https://twitter.com/JackFarley96/status ... 3070876921


Probably not a sign of euphoria
https://twitter.com/Mayhem4Markets/stat ... 8991360496

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Alphabet (GOOGL)... tech "World Dominator"
Amazon (AMZN)... online-retail king
Boston Scientific (BSX)... medical devices
Western Digital (WDC)... hard drives
BJ's Wholesale Club (BJ)... bulk retailer
Pilgrim's Pride (PPC)... poultry
Marriott International (MAR)... hotels
Cummins (CMI)... diesel engines
ExxonMobil (XOM)... oil and gas
Shell (SHEL)... oil and gas
TotalEnergies (TTE)... oil and gas
Occidental Petroleum (OXY)... oil and gas
Viper Energy (VNOM)... oil and gas
Southern Copper (SCCO)... copper
Wheaton Precious Metals (WPM)... precious metals
Teck Resources (TECK)... mining
NRG Energy (NRG)... utilities

NEW LOWS OF NOTE LAST WEEK

Boeing (BA)... "offense" contractor
Gilead Sciences (GILD)... biotechnology
Walgreens Boots Alliance (WBA)... retail pharmacy
Starbucks (SBUX)... coffee "World Dominator"
Charter Communications (CHTR)... cable TV

Source: Daily Wealth