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On today’s show, we discuss:
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Recommendations:
Charts:
Tweets/Bluesky
We are seeing capitulatory, bear market low type oversold readings in the middle of a strong bull market.
Look at this metric:
– % S&P 500 with RSI below 30 (yesterday): 31.5%
– % S&P 500 with RSI below 30 (9/30/22) : 31.9%— Matt Cerminaro (@mattcerminaro) December 20, 2024
“What a rollercoaster ride. The S&P 500 has swung from its worst breadth day in months to its best within 3 sessions. Not many losses over the next 3-6 months.”@jasongoepfert pic.twitter.com/CoLPF6jk5q
— Daily Chartbook (@dailychartbook) December 21, 2024
The 10 largest stocks in the S&P 500 now represent 39.9% of the index’s market cap pic.twitter.com/wQMKcAvT5t
— Kevin Gordon (@KevRGordon) December 23, 2024
“Strategists have never chased the market higher- harder w/ targets than today.”@RenMacLLC pic.twitter.com/fSsA6Di4Fc
— Daily Chartbook (@dailychartbook) December 21, 2024
America’s housing stock is the oldest it’s ever been and just keeps getting older. We don’t have enough homes in this country and too much of what we have is dated and decaying.
— Joey Politano🏳️🌈 (@josephpolitano.bsky.social) 2024-12-18T14:27:14.682Z
After 25.3 million autonomous miles driven, @Waymo vehicles have an 88% reduction in property damage claims and a 92% reduction in bodily injury claims compared to human drivers per mile driven. 🚖 https://t.co/LarEln7n0l pic.twitter.com/7ebvsuI7Tw
— Jeff Dean (@JeffDean) December 20, 2024
Apple $AAPL is developing a smart doorbell with advanced facial recognition that would let you into your house using Face ID – Bloomberg pic.twitter.com/dCZbbe4MI2
— Evan (@StockMKTNewz) December 22, 2024
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