Weekly S&P500 ChartStorm - 24 November 2024
This week: risk-taking heroes and bull market geniuses, artificial intelligence vs natural stupidity, sustaining supreme profit margins, cash allocations, and the real deal on real earnings yields...
Welcome to the latest Weekly S&P500 #ChartStorm!
Learnings and conclusions from this week’s charts:
Tech & Bitcoin show speculative scrambling.
Trading in single-stock leveraged ETFs is surging.
Mutual funds are underweight Big Tech.
Stock market supply has been contracting.
Real earnings yields are real low.
Overall, as documented last week, sentiment and the…
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