US - Market Strategy 02 (Feb 22 - Dec 23)

[winston]

Just 5 Stocks Drive Two-Thirds Of S&P 500's $2.5 Trillion Gain

by MATT KRANTZ

Just five S&P 500 stocks, including Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Meta Platforms (META) and Alphabet (GOOGL), contributed $1.7 trillion in market capitalization this year. That's a whopping 66% of the total $2.5 trillion in value added to the entire market this year.

"Portfolios lacking concentrated positions in just a handful of the largest tech stocks may be lagging this year".

Tech stocks are pulling ahead this year by the most since the 1999 bubble. "Given how top-heavy this current market environment is, outperformance in diversified portfolios has been hard to come by so far in 2023."

Source: IBD

https://finance.yahoo.com/m/6771dab3-19 ... drive.html

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Visa (V)... payment-processing giant
Thomson Reuters (TRI)... media, finance, and more
Stryker (SYK)... medical devices
Clorox (CLX)... cleaning supplies
Coty (COTY)... cosmetics
Crocs (CROX)... footwear
General Mills (GIS)... packaged foods
Hershey (HSY)... "Global Elite" chocolatier
McDonald's (MCD)... burgers and fries
Chipotle Mexican Grill (CMG)... tacos and burritos
Restaurant Brands International (QSR)... fast-food brands
Yum! Brands (YUM)... fast-food brands
Las Vegas Sands (LVS)... casinos and resorts
D.R. Horton (DHI)... homebuilder
Lennar (LEN)... homebuilder
General Electric (GE)... manufacturer
AutoZone (AZO)... auto parts
Southern Copper (SCCO)... copper

NEW LOWS OF NOTE LAST WEEK

Infosys (INFY)... IT consulting
F5 (FFIV)... web-app security
Rivian Automotive (RIVN)... electric vehicles
DISH Network (DISH)... satellite TV

Source: Daily Wealth

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Microsoft (MSFT)... tech giant
Meta Platforms (META)... social media giant
Fiserv (FISV)... digital payments
Spotify Technology (SPOT)... audio streaming
Eli Lilly (LLY)... pharmaceuticals
Sanofi (SNY)... pharmaceuticals
Vertex Pharmaceuticals (VRTX)... pharmaceuticals
Unilever (UL)... household brands
Kimberly-Clark (KMB)... household goods
McDonald's (MCD)... burgers and fries
Starbucks (SBUX)... coffee "World Dominator"
Mondelez International (MDLZ)... candy and snacks
Hershey (HSY)... "Global Elite" chocolatier
Chipotle Mexican Grill (CMG)... tacos and burritos
Yum Brands (YUM)... fast-food brands
Monster Beverage (MNST)... energy drinks
General Electric (GE)... manufacturing
ABB (ABB)... automation
O'Reilly Automotive (ORLY)... auto parts

NEW LOWS OF NOTE LAST WEEK

U.S. Bancorp (USB)... financial services
Morningstar (MORN)... financial services
W.R. Berkley (WRB)... insurance
Pfizer (PFE)... pharmaceutical giant
Crown Castle (CCI)... communications REIT
Zoom Video Communications (ZM)... video conferencing
Zscaler (ZS)... cloud security
Match Group (MTCH)... online dating
Keurig Dr Pepper (KDP)... soft drinks

Source: Daily Wealth

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Microsoft (MSFT)... tech giant
Nvidia (NVDA)... graphics processing units
Uber Technologies (UBER)... ride-hailing giant
Shopify (SHOP)... e-commerce "picks and shovels"
Intuitive Surgical (ISRG)... medical technology
PepsiCo (PEP)... snacks and soft drinks
Molson Coors Beverage (TAP)... beer
Shake Shack (SHAK)... "addictive" fast food
DraftKings (DKNG)... sports-betting leader
Madison Square Garden Sports (MSGS)... pro sports teams
Ferrari (RACE)... luxury cars
Lennox (LII)... HVAC systems
Franco-Nevada (FNV)... gold royalties
Agnico Eagle Mines (AEM)... gold

NEW LOWS OF NOTE LAST WEEK

General Dynamics (GD)... "offense" contractor
L3Harris Technologies (LHX)... "offense" contractor
U.S. Bancorp (USB)... financial services
PNC Financial Services (PNC)... financial services
Truist Financial (TFC)... regional bank
Crown Castle (CCI)... communications REIT
Zscaler (ZS)... cloud security
CVS Health (CVS)... drugstores and vaccines
Macy's (M)... "death of malls"
Kohl's (KSS)... "death of malls"

Source: Daily Wealth

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Apple (AAPL)... iconic tech giant
Microsoft (MSFT)... tech giant
Oracle (ORCL)... database and cloud services
Salesforce (CRM)... customer-management software
Spotify Technology (SPOT)... audio streaming
Uber Technologies (UBER)... ride-hailing giant
Penumbra (PEN)... medical devices
Cardinal Health (CAH)... prescription drugs
Alcon (ALC)... eye-care products
Cintas (CTAS)... uniform supplier
PepsiCo (PEP)... soft drinks
General Mills (GIS)... packaged foods
Ferrari (RACE)... luxury cars
Honda Motor (HMC)... automaker
Mueller Industries (MLI)... manufacturing
ABB (ABB)... automation
KB Home (KBH)... homebuilder
PulteGroup (PHM)... homebuilder

NEW LOWS OF NOTE LAST WEEK

MetLife (MET)... insurance
PayPal (PYPL)... mobile payments
Match Group (MTCH)... online dating
Pfizer (PFE)... pharmaceutical giant
Crown Castle (CCI)... communications REIT
SBA Communications (SBAC)... cellphone towers
Tyson Foods (TSN)... chicken, beef, and pork
Nutrien (NTR)... fertilizer
CF Industries (CF)... fertilizer products
Mosaic (MOS)... fertilizer
Sasol (SSL)... chemicals

Source: Daily Wealth

[behappyalways]

The AI "baby bubble"
https://twitter.com/Mayhem4Markets/stat ... 2837143552


$GOOGL led this earnings season, with 65 mentions of "AI" during its call
https://twitter.com/Mayhem4Markets/stat ... 5799838722

[behappyalways]

$QQQ vs $TLT: the jaws are beginning to close again ...
https://twitter.com/Mayhem4Markets/stat ... 2315576347


The number of S&P 500 stocks outperforming the index has hit 29%, the lowest level since 1999
This as just 15 stocks account for 97% of the upside year-to-date
Narrow breadth like this often ends in a leg down in the broader market
And we're near the top of the trading range..
https://twitter.com/Mayhem4Markets/stat ... 2907993089

[behappyalways]

Biggest gap between the S&P and the equal-weighted S&P since the dot com bubble
The equal-weighted S&P just hit the lowest since March and is down 1% YTD
https://twitter.com/zerohedge/status/16 ... 4289676312


The jaws widened even more today between $QQQ and $TLT!
Will yields matter again soon?
https://twitter.com/Mayhem4Markets/stat ... 7660967937

[behappyalways]

S&P 500 P/E heatmap
https://twitter.com/Mayhem4Markets/stat ... 1812713472


S&P 500 5-year EPS growth
https://twitter.com/Mayhem4Markets/stat ... 7479547910

[behappyalways]

The Bull Market #May
https://twitter.com/mikepsilva/status/1 ... 6757262337


Seems crazy to see $SPX +0.3% in May while there were SEVEN sectors down more than -4%!!
financials -4.3%
health care - 4.3%
real estate -4.5%
utilities -5.9%
staples - 6.2%
materials -6.9%
energy -10%
https://twitter.com/DavidCoxRJ/status/1 ... 8629255172