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Liz Ann Sonders
LizAnnSonders
Comm Serv soared today and is now back in first place YTD (still trailing Energy by 0.1% MTD); Tech did well today, too, but is still down by nearly 4% MTD … NASDAQ’s 2% gain today bumped it to third place YTD; small caps did well but didn’t outpace large caps (and they continue… pic.twitter.com/HAiuVWX0FF
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Liz Ann Sonders
LizAnnSonders
As of the first quarter this year, ratio of S&P 500’s market cap to nominal GDP spiked to highest since end of 2021 pic.twitter.com/ieovbg0NgG
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Ryan Detrick, CMT
RyanDetrick
S&P 500 earnings in '24 are expected to be up 10.3% and another 13.9% next year. Yes, forward estimates can change, but they can also change to the upside. We continue to think this is too low, as the recovery will continue to broaden out. pic.twitter.com/6Qo9SAI70u
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Ryan Detrick, CMT
RyanDetrick
Since 2000, the second half of April tends to be much better than the first half for the S&P 500. A few more days next week, but stocks are trying to rhyme here. pic.twitter.com/OKolkrCsPy
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