This is a new chart that will be featured in our weekly SectorSnap report.
In addition to illustrating the S&P 500's valuation bands, it combines forward earnings estimates with a range of valuation scenarios to help frame where the market could be headed. Hope you like it! 🤙🏼
Find it here 👉🏼 https://t.co/0vNhdUfW5m
We’ve removed the paywall to our latest “Thoughts on the Market” so everyone can read it.
🚨 Also: we’re running a 20% sale, but it ends today. So don’t miss it! 👉🏼 https://t.co/pyFna521Bf
https://t.co/QrYeXlyiNk
Rolling 30-day flows across all Bitcoin ETFs — which we usually lean on to spot tactical tops — have flipped sharply positive, reaching their strongest levels since October after spending months deep in negative territory.
We wrote about this in our Monday note (link in reply).
With the oil futures curve currently in backwardation, oil prices might actually be the better gauge for Middle East fears, because — much like the VIX — oil prices in that situation don’t really have a structural ability to keep moving higher indefinitely.
https://t.co/XcBYARjQYi
After net flows into all Bitcoin ETFs topped out on October 9, investors withdrew a cumulative $8.2 billion. However, over the past six sessions, flows have rebounded, with $1.6 billion in net inflows since the trough.
This sharp turn in flows marks the most constructive demand trend since the October peak. Whether price action follows will be the next critical test.
If you’re looking for the best weekly performance recap chart plus key stats on the S&P 500 and its sectors, consider subscribing!
👉🏼 https://t.co/8KfZjbml0U
The tone shift we saw last week was a direct response to index behavior. But contrary to what many think, opportunities aren’t disappearing — they’re just shifting.
👉🏼 Don’t confuse volatility with a trend reversal. That’s often how investors end up getting trapped!
https://t.co/1v9T57B44G
Happy Fed day to those who celebrate!
There's a 100% chance of a 25bps rate cut today.
By first-half of 2026:
54% chance of at least 4 cuts
By end of 2026:
52% chance of at least 5 cuts
The Fed cut rates for the first time in 12 months, and we’ve just gotten further confirmation that it’s highly likely they’re cutting into a recovery.
Last week’s Continuing Jobless Claim print came in 30k below expectations, causing the 4-week decline in Continuing Claims to be the largest so far this year — and finally ending a 3-month streak above 1935k.
👉🏼 More jobs are being added than lost.
Until now, rolling 21-Day Small-Cap ETF Flows have been negative all year, which not only highlights how bearish sentiment toward small-caps has been, but also explains the monster $23 billion in cumulative outflows year-to-date— even as the Russell 2000 is up 7.2%.
That is changing now, as 1-month flows have just flipped positive — basically for the first time all year!
It's bullish to see the S&P 500 back above 6000. Yet, some of the risk-on ratios we track haven’t quite cleared their May highs yet.
Still, the fact that those ratios are coiling is bullish in itself.
@cashch Oh, brillante Beobachtung! Währenddessen waren sie damit beschäftigt, all ihre Fabriken weltweit für das neue Model Y umzurüsten, das zudem das meistverkaufte Auto der Welt ist.
Total inflows into all Bitcoin ETFs hit a new record high of $1.43 billion yesterday, nearly 3x the amount seen on Election Day.
20-day rolling flows remain a reliable indicator for identifying short-term tops and bottoms.
$BTC