AT the end of March 2021, the S&P 500 is up 6% for the year and the quarter whereas the Nasdaq 100 is up less than 2%. Small and Mid Caps have greatly outperformed Big Caps: +18.2% and +13.4% respectively vs 6% for the SPY. With inflation expectations moving quickly higher and above the Fed […]
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U.S. Stocks: bad seasonality coming?
At the start of July, I came across a chart similar to the one below: What is it telling us? Five years might not be enough statistically but at least the Nasdaq Composite has been pretty strong in July (green line period) and then pretty weak in August (red line period) and in […]
H1 2020 Snapshot: Winners Take All!
AT the end of June 2020, the S&P 500 is down 4.2% for the year whereas the Nasdaq is up by more than 16%. After a very weak Q1, U.S. Equity Markets recovered in Q2 with the Nasdaq massively outperforming any other market. Social Media, Online Retail, Cloud Computing, Software… have greatly contributed to that […]