April 16, 2024

Relative to the S&P 500, just Energy, Communication Services, and Information Technology are outperforming in 2024. pic.twitter.com/OXeNLPoK9u

— Koyfin (@KoyfinCharts) April 15, 2024

The S&P 500 bull is exhausted. Momentum has been fading fast, suggesting a rocky period is coming in 2Q. pic.twitter.com/zcNTzfhdly

— Gina Martin Adams (@GinaMartinAdams) April 11, 2024

March headline CPI hot at 3.5% vs 3.4% est and 3.2% last month. That's four months in a row of hotter than expected data. 10Y Treasury on the doorstep of 4.5%, curve is now more inverted. Futures probability of a Fed cut in June dropped from 61% to 28%. pic.twitter.com/iEEhS807kj

— Liz Young (@LizYoungStrat) April 10, 2024

APOLLO: “.. The 3-month annualized change in supercore inflation is now over 8% and accelerating .. the Fed is not done fighting inflation and rates will stay higher for longer. .. We are sticking to our view that the Fed will not cut rates in 2024.” [Slok] #CPI pic.twitter.com/RsZmAyoQP9

— Carl Quintanilla (@carlquintanilla) April 10, 2024

We'll see what happens when we get PCE later this month, but due to different weightings/methodologies, the y/y trend for "supercore" PCE and CPI has (at times) looked quite different … since October 2023, CPI version has gone from 3.8% to 4.8%; PCE has gone from 3.8% to 3.3% pic.twitter.com/qcQgCoi6Vd

— Kevin Gordon (@KevRGordon) April 10, 2024

Where inflation is and where it isn’t 👀 pic.twitter.com/FxXzsYWsjZ

— Evan (@StockMKTNewz) April 10, 2024

Retail sales were strong in March, with the control group (feeding into GDP) rising the most since January 2023. pic.twitter.com/RYOhOx9cRD

— Kathy Jones (@KathyJones) April 15, 2024

I'm trying to put this in context considering how strong retail sales were in March. In my experience, it's easier to see weakness/strength in economic data by looking at series like industrial production rather than retail sales. pic.twitter.com/AHhynIkodM

— Francois Trahan, M²SD (@FrancoisTrahan) April 15, 2024

Earnings growth for Q1, 2024 is expected to come in at 3.2% YoY for the $SPX.

Ex-Mag 7, earnings growth is set to decline by -2.6% YoY. pic.twitter.com/APPbutrE9I

— Ayesha Tariq, CFA (@AyeshaTariq) April 15, 2024

The market is increasingly becoming more earnings driven (53% contribution in March) pic.twitter.com/fxb5JcKZFm

— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) April 15, 2024

Forward P/E pic.twitter.com/JChtLn4wpQ

— Win Smart, CFA (@WinfieldSmart) April 15, 2024

Longer-term inflation expectations are rising again. The market's implied rate of inflation over the next five years has risen to the highest level in more than a year, at 2.6%, according to breakeven rates. pic.twitter.com/k7BTISTOkZ

— Lisa Abramowicz (@lisaabramowicz1) April 16, 2024

New all-time low for S&P 500 Real Estate Sector relative to broader index

[Past performance is no guarantee of future results] pic.twitter.com/wLPOKi1RIy

— Kevin Gordon (@KevRGordon) April 16, 2024

Here’s what the 4 largest 🇺🇸 stocks reported last earnings 👀 pic.twitter.com/LpmJ5H1pCI

— Evan (@StockMKTNewz) April 14, 2024

Global market cap and % of revenue from abroad…also via @JPMorganAM pic.twitter.com/98UmuC9SXB

— Meb Faber (@MebFaber) April 12, 2024

AI training and inference is expected to generate over $600B in revenue by 2030 as more companies invest in building their own large-language models similar to Meta’s Llama, Alphabet’s Gemini and OpenAI’s ChatGPT. Hyperscale suppliers including Meta, Microsoft, Alphabet, Nvidia… pic.twitter.com/hm5C8Ftivy

— Beth Kindig (@Beth_Kindig) April 16, 2024

If ChatGPT is handling >50M requests daily, this would be approximately the equivalent of running one light bulb for over 2.5 million hours.

That's 104,167 days.

Or 285.4 years.

Each day.$NVDA $MSFT $AMD $GOOG https://t.co/mxk70WSGxG

— Beth Kindig (@Beth_Kindig) April 10, 2024

OpenAI has raised $14 Billion in capital so far 👀 pic.twitter.com/xuLPhA1r40

— Savvy Trader (@SavvyTrader) April 10, 2024

"The apartment market is in a strange state where there’s a significant level of supply expected this year, but reasons to believe that we could have a shortage as soon as the first half of 2026."
—@ConorSen, @opinion https://t.co/0BsbCBa2XX pic.twitter.com/aFk3AQUfrC

— Steve Matthews (@SteveMatthews12) April 12, 2024

S&P 500 total returns:

Since the early-1980s it's a 100-bagger

Mid-80s it's a 50-bagger

Early-90s it's a 30-bagger

Late-90s it's a 10-bagger

Compounding takes time but it works if you're patient enoughhttps://t.co/xX7rxW5Mow pic.twitter.com/vGTCKp3Lov

— Ben Carlson (@awealthofcs) April 15, 2024

APOLLO: “The US is the biggest oil producer in the world.” [Slok] 🇺🇸 #OOTT pic.twitter.com/ir8HPb9avz

— Carl Quintanilla (@carlquintanilla) April 15, 2024

HSBC: “.. Three months of surprisingly strong services inflation are difficult to explain away and suggest that demand strength could be sustaining elevated US inflation, which limits the Fed’s ability to ease ..”@opinion @johnauthers #CPI 🇺🇸 pic.twitter.com/0wKRj9tuJI

— Carl Quintanilla (@carlquintanilla) April 11, 2024

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