JPME

Some U.S. Economy Big Picture Charts

Six charts that look at the u.s. Economy from a big picture perspective. I don't find anything sinister or strange in these charts. I see an economy that is growing moderately (perhaps only modestly) i see a healthy labor market, an equity market that is rising and a dollar that has been fortified.

Sideways

The s&p 500 equalweight index is currently trading at the same level it was in april 2021. The spread between the index's highest and lowest closing price over the last three years currently stands at 31%. 31% is an extremely low 3-year high/low range.

A 'Reluctant Rotation' Has Begun

Ivan martchev says the stock market has seen a rotation out of tech and into financials, small caps and other under-performing sectors. Martchev: the market has been weak in the fourth quarter of the year without a recession. He says it is a good idea for 90% of the gains in the s&p 500 index in 2023 to be driven by just ten companies.

The S&P 500 Rises To Its Highest Point Of 2023 As Gloomier Outlook Puts 2024 Rate Cuts In View

The s&p 500 rose nearly 0.8% to close at 4594.63 on friday, 1 december 2023. The index is just 4.2% below its all-time record high close of 4,796.56. The outlook for economic growth in the u.s. Economy shows signs of slowing. The prospects for interest rate reductions in 2024 have increased.

Weekly Report: what happened at JPME last week (1127-1201)?

The 1-Minute Market Report December 4, 2023

Home market report: best performer last week was blockchain, as bitcoin and other cryptocurrencies continued to rally. The s&p 500 winning streak continues. The market entered a golden crossa configuration over the weekend. The monthly returns chart shows the 28% gain in the s&p 500 for 2023.

S&P 500 Earnings: Nice Bump In S&P 500 Forward Estimates

Forward 4-quarter estimate jumped this week to $236.41 from last week’s $235.82. Salesforce, workday, crowdstrike and snowflake grew year-over-year revenue by 11%, 16.9%, and 31.8%.

Did Santa Claus Come Early This Year?

Santa claus appears to have arrived early this year as prices spiked last month. Inflation has decreased dramatically in recent months. The nasdaq saw the largest monthly increase in 10 years in november. The recent surge in stock prices could be a precursor to a "santa claus rally," says wade slome.