Weekly S&P500 ChartStorm - 30 June 2024
This week: monthly charts, equal-weighted index, growth vs value, Nasdaq seasons, bitcoin warning, top 10 stocks, market cap weights, capital market activity, IPO market trends...
Welcome to the latest Weekly S&P500 #ChartStorm!
Learnings and conclusions from this week’s charts:
June saw the first monthly new all-time closing high above the Dec 2021 high in CPI inflation-adjusted terms.
The Equal-Weighted S&P 500 made a new decade+ relative low vs the Market Cap-Weighted index.
The Nasdaq faces mixed short-term signals (tailwind vs w…
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