LOL Yeah I just checked out some stocks performances today and Visa did well. Looks like SQ and PYPL up too Maybe they bought up those mobile payment stocks today
Turkey getting hammered again. Basically I don't think you can find any emerging market doing well right now
Years Like 2018 – Not Many! Jul 11, 2018 Calling a specific period of time “unique” is often used as a cop-out by commentators and investors, so we usually try not use the term lightly. But if a certain period of time is so unique that it has no historical precedent, you can’t fault someone for saying it. In comparing the S&P 500’s performance in 2018 to prior years, we found that there really are very few years where the market has seen a similar pattern. In other words, 2018 really is unique! To illustrate this, we ran the correlation of the closing prices of the S&P 500 so far this year to the closing prices for every other year through 7/11. We have done this type of analysis many times over the years, and usually, when we run it, the years that have the most similarity to the year in question have correlation coefficients of +0.85 or even greater than 0.90. In the analysis we ran for 2018, however, there were only two years with a correlation coefficient of more than +0.50, and five of the top ten years have correlation coefficients of less than +0.40!
im missing alot of this move, only thing im in is TWLO, ill just have to be patient. HUYA and IQ, chinese stocks are surging. one is chinese esports and the other is the chinese netflix
Regional banking ETF, KRE, down ~1% today, OZRK took a pretty bad spill after yesterday's ER. The value stocks are underperforming. Here's a relative strength chart of BRK-B, it's been underperforming since February. Here's the 10 biggest holdings of the value ETF, IVE: Berkshire Hathaway Inc. Class B3.37% JPMorgan Chase & Co.3.30% Exxon Mobil Corporation3.25% Wells Fargo & Company2.28% AT&T Inc.2.21% Chevron Corporation2.21% Verizon Communications Inc.1.98% Citigroup Inc.1.60% Johnson & Johnson1.45% DowDuPont Inc.1.43%
Yeah those value ETFs contains a lot of stocks in financials and financials have underperformed against growth sector like tech
Seeing new ATHs for AMZN and MSFT while GOOGL is pretty close to ATH as well, looks like tech continues to be the favorite sector for investors
I hope it's not out of pure boredom, but trying to play the bounce here off the support in this channel. In at $7.636
Banks earnings this morning weren’t that impressive First time in awhile that we didn’t get a great start for earnings season I think. If banks earnings next week continue to be lackluster then maybe we will continue to see money going into tech
