The S&P 500 has had 0 record highs this year. In fact, it's been 659 days since a new high was recorded. The table below shows that when there have been 0 record highs in a year, the following year's returns have been good, up +13.1%. When there have been >35 record highs in a… […]
Chart of the Day – Thursday, February 2nd, 2023
The number of sectors trading above their 200-day moving averages has gone from zero in September to ten as of yesterday. All prior zero-to-ten cases since 1973 are marked on the chart and have generally been good buying opportunities. pic.twitter.com/QTkYXWg86Y — Rob Anderson (@_rob_anderson) February 2, 2023 Today’s Chart of the Day was shared by […]
Chart of the Day – Wednesday, December 21st, 2022
Once a company becomes the highest-cap stock in the S&P 500, does it pay to own it rather than the SP500 index? This @NDR_Research analysis shows the answer since 1972 is no. It paid more than 8.3x more to own the index rather than the highest-cap stock. Diversification pays. pic.twitter.com/hO7in59sOl — Day Hagan Asset Management […]
Chart of the Day – Wednesday, August 24th, 2022
Student loan forgiveness is entirely consistent with past efforts to juice economy heading into mid-term elections. It's what gives rise to the presidential election cycle for stocks. Chart from @NDR_Research – top panel is stocks, bottom is monetary/fiscal policy index. pic.twitter.com/lEijKflvmh — Willie Delwiche, CMT, CFA (@WillieDelwiche) August 24, 2022 Today’s Chart of the Day […]
Chart of the Day – Friday, July 29th, 2022
Percent of $SPX stocks at 20-day new highs rose above 55% for first time since June 2020 (concept thanks to Jeff DeGraaf). This marks the 3rd breadth thrust signal in the last 8 trading sessions. Broader than off the March and May lows. @WillieDelwiche @RenMacLLC pic.twitter.com/ofhLRPyyv8 — Ed Clissold (@edclissold) July 29, 2022 Today’s Chart […]