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Liz Ann Sonders
LizAnnSonders
As of yesterday’s close, new all-time highs for both cap-weighted (blue) and equal-weighted (orange) S&P 500 Indexes, with latter outperforming former over past 1m: 4.3% vs. 3.5% [Past performance is no guarantee of future results] pic.twitter.com/xeVUol9FzJ
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Liz Ann Sonders
LizAnnSonders
Even taking out Mag7 companies, S&P 500's P/E has been quickly approaching late 2020/early 2021 highs pic.twitter.com/nO6LLAat2c
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Ryan Detrick, CMT
RyanDetrick
Something people forget is it took more than two years for the Dow to go from 36k to 37k. Yes, the % are smaller the higher you go, but now that things are moving higher again (after a LONG time without moving higher) it shouldn't be surprising to see new milestones quickly. pic.twitter.com/rJAkyP91bb
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Ryan Detrick, CMT
RyanDetrick
Small caps are outperforming by a wide margin again today and breaking out to new 52-wk highs. Remember when they told us they were only going higher due to rate cuts? Historically cheap valuations, improving confidence, and strong EPS/revenue expectations (thanks to a healthy… pic.twitter.com/iCZhuIpnge
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