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Ryan Detrick, CMT
RyanDetrick
Stocks are a bubble and all the gains are multiple expansion is something we've heard a lot. Last year, yes, it was all about multiple expansion. But zoom out. Since 2020, the S&P 500 is up 70%, with 50% coming from earnings and 9% from divs. That tells a much different story. pic.twitter.com/1LB98e8PPY
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Ryan Detrick, CMT
RyanDetrick
Reminder #861 that higher volatility isn't what you want to see if you are bullish. Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500. For reference, 2022 saw this 26 times and stocks lost 20%. 2019 stocks were up 30% and it happened only 3 times.
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ET NOW
ETNOWlive
US Markets At Open | S&P 500, Nasdaq 100 open flat; these are the other highlights👇 @Nasdaq #Disney #Peloton #Palantir pic.twitter.com/ZE5H1cWQxI
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ET NOW
ETNOWlive
US Market News: Dow Jones up 176 points; Nasdaq, S&P 500 gain 1% each on rate cut optimism www.etnownews.com/markets/us-market-news-dow-jones-up-176-points-nasdaq-sp-500-gain-1-each-on-rate-cut-optimism-article-109900213
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