Michael Batnick

Long-distance reader

[Michael Batnick @michaelbatnick]

@DualityResearch 🤌

[Michael Batnick @michaelbatnick]

Non-tech stocks did just fine after the dot-com bubble burst.

[Michael Batnick @michaelbatnick]

@mattcerminaro and I cover this and all the latest market action on tonight's What Are Your Thoughts.

https://t.co/nPKIaa8YWO

[Michael Batnick @michaelbatnick]

@danielcrosby Phew, people think I’m a jerk. Was starting to worry about my reputation.

[Michael Batnick @michaelbatnick]

@danielcrosby Oh man 😂

[Michael Batnick @michaelbatnick]

@EconomPic Oh wow! I randomly started in 2013 and didn’t bother. Thank you.

[Michael Batnick @michaelbatnick]

I always loved this chart from @NDR_Research, which shows that owning the largest stock in the S&P 500 has historically been a terrible strategy, relative to just owning the index.

[Michael Batnick @michaelbatnick]

Anthropic has more cash on hand than all of the Mag 7 except for Alphabet. 😱

Our chart of the week over at Exhibit A

[Michael Batnick @michaelbatnick]

@bclund 💙

[Michael Batnick @michaelbatnick]

@JacobTamme @SulloReport @meisterbuerger

[Michael Batnick @michaelbatnick]

@mattcerminaro @_JoshSchafer @TheCompoundNews @seanyrusso 🫡🫡🫡

[Michael Batnick @michaelbatnick]

@juleshyman wild! Thank you for sharing.

[Michael Batnick @michaelbatnick]

@RyanDetrick @TimmerFidelity @TheCompoundNews @Downtown 👊👊👊

[Michael Batnick @michaelbatnick]

In July 2018 when I first shared this, the top 5 stocks were equal to the bottom 282.

Interestingly, the TTM net income of the top 5 stocks is also equal to the bottom 436 companies. So based on that metric, it's a little less insane. Maybe.

[Michael Batnick @michaelbatnick]

One of the main reasons so many breadth indicators are off the charts is because the concentration in the index is like nothing we've ever experienced.

The top 5 stocks in the S&P 500 are equal to the bottom 434. (67-500)

[Michael Batnick @michaelbatnick]

We spoke about Buffett's epic run as he steps down from his chairman role, and much more, and tonight's What Are Your Thoughts?

https://t.co/SdJ2X5hEa3

[Michael Batnick @michaelbatnick]

One of the craziest stats in financial history:

Berkshire could fall 99% and still match the growth of $1 of the S&P 500 since 1965.

H/t @MebFaber

[Michael Batnick @michaelbatnick]

@fundstrat @Downtown @DivesTech @TheCompoundNews @FundstratDirect @FundstratCap @BitMNR Love talking with you guys!

[Dan Ives @DivesTech]

Great to be on @TheCompoundNews from @FutureProof_HQ talking all things tech and markets with my friends @fundstrat @Downtown @michaelbatnick 🏆🐂🕶️🔥🎯👇🍿