US stocks are in a bull market $SPY $QQQ. $NVDA $HOOD are leaders. Buy headline dips over 3-day periods. Asia market flows matter for US stocks, too $USDJPY.
Today’s backdrop is the broadest macro & micro backdrop we’ve seen since 2021. While AI themes remain dominant, a more classic macro broadening has been taking place since 4Q/25, for the first time in years. Lower rates/oil can help to unlock this EPS breadth for markets.
@lfg_cap@sonofabeach56@grok what’s the second chart showing? I am not familiar with the data series. I get that the number is going up a lot but that’s about it.
Real time US real growth indicators are ripping higher right now, wow!!
I feel like that’s bullish- but I’m curious to hear if anyone disagrees?
$soy $qqq
When the corporate bond market, whose investors have to make a lot of hard decisions about the likelihood to be paid by corporate borrowers, are agreeing that it’s getting safer to get paid- it’s only ever bullish for the stock market
Underneath the surface: smaller companies are leading the overall market higher and that’s almost always a bullish indicator for future returns for stocks
Breadth is improving.
12.5% of S&P 500 stocks just made 52 week highs. This is the most new highs in over a year.
Prior cases saw $SPX higher each time 3 weeks & 1 month later
$SPY
Thanks Trump! I can’t wait to pay fewer federal taxes to the wasteful US government so I can instead use that money to invest in ownership of profitable American companies like $NVDA
"Consider the new tax withholding tables that took effect on Jan. 1. They will result in an injection of anywhere from $50 billion and $150 billion of additional cash, or disposable personal income, into the economy this year."
@joebrusuelas
A lot of countries are seeing leading indicators for their economies going up right now.
That’s never bearish (except for the dollar- a currency that is now less favorable to own versus using it to buy or produce a good or service since demand for goods and services is strong)
📌OECD
The OECD's global leading indicator is running above trend and gaining momentum, signaling a pickup in the global growth cycle that has historically coincided with stronger risk-asset performance over government bonds
👉https://t.co/blMxcoG7WG
@dailychartbook@TS_Lombard
A strengthening housing market wasn’t on my radar going into 2026…
An important leading indicator for the US cyclical economy- it’s only ever bullish when you see mortgage applications and bank loan growth rising like it is now!
MBS purchase apps +21% in 2 weeks to Jan 2023 levels.
Refi index +68% in 2 weeks to March 2022 levels.
Big bank loan growth fastest since GFC.
This is what cyclical acceleration looks like.
Microchip exports from South Korea are a well-known leading indicator for global trade and economic growth.
The world is buying 70% more microchips from South Korea than they did last year… that’s a lot!
$SMH
Underneath the surface: smaller companies are leading the overall market higher and that’s almost always a bullish indicator for future returns for stocks
Robinhood has been the best investment this year so far!
- Phemonenal quality
- Insane diversification
- Founder-mode x market disruption
$HOOD +272.2% YTD vs S&P 500 +17%