Weekly S&P500 ChartStorm - 5 May 2024
This week: technical check, emerging markets, small vs big margins, Europe vs US, fund start-ups, job stats, Buffet compounding, effective interest rates...
Welcome to the latest Weekly S&P500 #ChartStorm!
Learnings and conclusions from this week’s charts:
The recovery from correction still faces two important hurdles/tests (the 50-day moving average, and the 5150-level).
Emerging market equities meanwhile are breaking out.
Large cap profit margins are more than twice that of Small caps.
Hedge fund starts are do…
Keep reading with a 7-day free trial
Subscribe to The Weekly ChartStorm to keep reading this post and get 7 days of free access to the full post archives.