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The Compound and Friends: Get Out of Cash
Michael Batnick
June 14, 2024
Why continue to take single stock risk?
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Inferring from fresh CPI data, Morgan Stanley now has core PCE for May running at a 2.6% annual rate, which matches the FOMC's March dot-plot projection for year-end 2024 core PCE.
— Michael Santoli (@michaelsantoli)
1:28 PM • Jun 12, 2024
The flow of cash into bonds is accelerating as the rate-cutting cycle gets underway. Global bonds received a 24th consecutive week of inflows, and the 2nd-strongest since July 2021, at $17.8 billion. EU government bonds had the strongest inflows since Feb. 2023: TD Securities
— Lisa Abramowicz (@lisaabramowicz1)
10:23 AM • Jun 7, 2024
Within the S&P 500, the six mega-caps with $1+ trillion market caps are up an average of 11.5% in Q2.
The remaining 490+ stocks in the index are down an average of 3% in Q2.
— Bespoke (@bespokeinvest)
6:54 PM • Jun 10, 2024
The S&P 500 is on track for a new high, even though...
• More NYSE issues are hitting 52-week lows than highs
• More NYSE issues are declining than advancing
• More NYSE volume is flowing into losers than winnersOver the past 60 years, this hasn't happened very often.
— Jason Goepfert (@jasongoepfert)
7:37 PM • Jun 11, 2024
Citron is no longer short $GME. It's not because we believe in a turnaround for the company fundamentals will ever happen, but with $4 billion in the bank, they have enough runway to appease their cult like shareholders. Despite Wedbush setting an $11 target today, we respect the… x.com/i/web/status/1…
— Citron Research (@CitronResearch)
12:28 PM • Jun 12, 2024
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