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…