Hilarious that Powell dismissed Fed's losses in Congress this week, citing previous profits the Fed used to send to Treasury; that's like a CEO saying "don't worry about the company I'm leading taking record losses, because we used to make money" - is he the worst Fed chair ever?
$Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$
$Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$
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1980: 31%
1985: 40%
1990: 52%
1995: 65%
2000: 58%
2005: 61%
2010: 87%
2015: 101%
2024: 123% $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
1985: 40%
1990: 52%
1995: 65%
2000: 58%
2005: 61%
2010: 87%
2015: 101%
2024: 123% $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
1
1
Tech and the mag 7 is has carried the market to new ATH’s
The rest of the market is flat with little to no growth
The last time we had a similar divergence was during the dotcom era and crash
Does this end like before or a new norm? $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$
The rest of the market is flat with little to no growth
The last time we had a similar divergence was during the dotcom era and crash
Does this end like before or a new norm? $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$
2
3
🇺🇸 USA debt: $33.9 trillion
🇺🇸 USA GDP: $27.7 trillion
🇬🇧 UK debt: $3.83 trillion
🇬🇧 UK GDP: $3.48 trillion
🇷🇺 Russia debt: $433 billion
🇷🇺 Russia GDP: $2.20 trillion $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
🇺🇸 USA GDP: $27.7 trillion
🇬🇧 UK debt: $3.83 trillion
🇬🇧 UK GDP: $3.48 trillion
🇷🇺 Russia debt: $433 billion
🇷🇺 Russia GDP: $2.20 trillion $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
1
5
1
🇺🇸FEDERAL RESERVE THIS WEEK:
*FED INTEREST RATE DECISION (WED. 2:00PM ET)
*FED FOMC STATEMENT (WED. 2:00PM ET)
*FED CHAIR POWELL SPEAKS (WED. 2:30PM ET)
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
*FED INTEREST RATE DECISION (WED. 2:00PM ET)
*FED FOMC STATEMENT (WED. 2:00PM ET)
*FED CHAIR POWELL SPEAKS (WED. 2:30PM ET)
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
1
S&P 500 is on a 5 day losing streak, the longest of the year
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
1
Asset Classes ranked by price strength and momentum re October 16 close:
$Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
$Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
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