njcolas

Student of the market, fan of Classic Rock. I like writing, and I love having written. (With apologies to Dorothy Parker...)

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

FB’s rout yesterday reminded us of 1993’s “Marlboro Friday”, when then-premier large cap growth MO was down by a similar amount. The lesson is that it can take time for blown-up names to recover.

Read our full take here: https://t.co/YfM4voumt3 $FB $SPY $XLC

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

Will 2021 resemble 2000 in terms of a Tech sector meltdown? Maybe, but certainly not for the same reasons. In 2000 the Fed raised interest rates to levels last seen 9 years before. Read our full analysis here: https://t.co/2JaaImgFos $XLK

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

Remember that $TSLA is still a small fish in the ocean that is the S&P 500. Yes, it's representative of the animal spirits that drive marginal stock prices for a host of disruptive names. But it's still just 1.6% of the S&P. Read our full take here: https://t.co/3fYCdqRbfv $SPY

[njcolas @njcolas]

@uclaanderson @carlquintanilla Everything happens at the margin.

[njcolas @njcolas]

@NathanTankus Try a Google Ngram times series for the same term. Separately, you’ll find that Econ journals in the 1930s had a similar blind sport for the term “unemployment”

[njcolas @njcolas]

@OJRenick Need to adjust the bottom chart for total market cap value, no? Very different now from prior periods.

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

1/2 US business travel is retreating again & leisure air travel has flattened over the past couple of weeks; both also remain far below 2019 levels. The @DallasFed Mobility & Engagement Index – which tracks when people leave their homes & how far they go – is also...

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

Marginal demand for #gold ETFs is now an important price driver for the yellow metal, with jewelry/industrial demand depressed. October global ETF demand was the weakest of the year. Read our full analysis here: https://t.co/YkrC4vSMMi $GLD $IAU

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

DataTrek co-founder Nick Colas was on @Reuters TV with @freddiethekat discussing which sectors stand to benefit from @JoeBiden winning the presidency. Check it out below! $IWM $IJR $XLI $XLF https://t.co/G0UUPhcEkI

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

DataTrek co-founder Nick Colas: "The country has over a 200-year history of peaceful transfer of power... I don't think it will end on November 4, 2020." @CNNBusiness @MattEganCNN $SPY https://t.co/ShkQl284sU

[Bob Pisani @BobPisani]

Corporate execs are talking differently on earnings calls to please the machines https://t.co/9MH3nJ2TLL

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

DataTrek co-founder Nick Colas was on @Reuters TV with @freddiethekat discussing how investors should reposition their portfolios for election uncertainty. Check it out below! $SPY $IVV https://t.co/1OfEYsIpp8

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

"DataTrek's co-founder Jessica Rabe said: "Google search volumes for "covid" are rising again, which is troubling because Americans' level of interest has been inversely correlated with US equities since March." @sardana_saloni @businessinsider $SPY $IVV https://t.co/h0mqg5OjWA

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

10 years ago, $XOM was the largest company in the S&P 500 with a 3.1% weighting vs 2.5% for $AAPL & 2.0% for $MSFT. Now, XOM is 0.5% and AAPL/MSFT are 12.1% combined. What happened? Read our answer & what it says about the growth vs value debate here: https://t.co/EHO3owxOaC $SPY

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

$XOM went from making $31 billion in 2010 to 0 in 2020. $AAPL & $MSFT ’s earnings doubled every 5-7 years over the last decade. This is a microcosm of the growth/value schism in stock markets, but also gives a roadmap for value to recover. More here: https://t.co/EHO3owxOaC $SPY

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

DataTrek co-founder Jessica Rabe: "It would be smart for @JoeBiden to embrace legal #marijuana in an effort to rally more voters to the polls." @InTheMkts @CrainsNewYork $MJ $CGC $APHA $ACB $TLRY $CRON $YOLO $THCX $HEXO https://t.co/2oqzY14pGd

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

It's DataTrek's 3 year anniversary! We thank all of you for your ongoing support & look forward to many more years of being your go-to source for all things "Markets, Data & Disruption"! Here's our @CNBC press release from 3 years ago! @JeffCoxCNBCcom $SPY https://t.co/nzZZ0XKpjn

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

How do US equity markets and sectors respond to contested presidential elections? We answer here using our Nov-Dec 2000 Election Playbook: https://t.co/mgIi8eI2He $SPY $XLP $GLD $XLB $XLE $XLI $IWM

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

With growing concerns about a contested result this November, we dug deeper into our Nov-Dec 2000 Playbook to see how each sector and asset class responded to the Bush vs Gore delayed outcome. Read our full analysis here: https://t.co/mgIi8eI2He $SPY

[Nick Colas & Jessica Rabe (DataTrek) @DataTrekMB]

Our 2009 Playbook shows the S&P 500 is wavering noticeably from its post-Financial Crisis experience since markets are unsure if DC is still a reliable partner. Back in 2009, the S&P rallied 8% in Nov/Dec. Read how we can get the same in 2020 here: https://t.co/auObhlcaOz $SPY