We spoke about Buffett's epic run as he steps down from his chairman role, and much more, and tonight's What Are Your Thoughts?
youtube.com/watch?v=XIopv2…
Micron just went on an all-time heater.
Today at the open, Micron was the 10th largest stock in the S&P 500.
Over the last five years, the average rank was 89.
It ran from 127 last April to 10 today.
Chart by @ mattcerminaro
Software is crashing again today.
The two-day move from Wed-Thursday was a complete outlier. We've never seen the S&P 500 up that much with software down that much.
Wild market. We haven't seen anything like this since the dotcom bubble burst.
Over the last 8 sessions, 115 stocks in the S&P 500 have decline 7% or more in a single day.
The average drawdown when that happens is 34%. Right now we're 1.5% below the all-time high.
In this episode of Talking Wealth, @ MattMiddleton__ and I break down why thousands of financial advisors are heading to Miami for @ FutureProof_HQ
youtube.com/watch?v=WtbOEi…
If this is the end for Tim Cook, his run will go down in history.
Over $700 million of market cap has been added on average every day since he took over as CEO in 2011.
Chart by @ mattcerminaro
There was a lot to like about the commentary from Q1 earnings season.
I'm afraid we'll hear a different story next time.
theirrelevantinvestor.com/p/the-stories-…
How could that be the bottom? We haven't even felt the impacts of tariffs yet?
I have no idea if that was the bottom, but the market bottoms during the storm, not after it passes.
2020 was the perfect example of this. Stocks bottomed 13 months before EPS did.
2020 was an incredibly unusual bear market, sure. But this chart shows that it wasn't an outlier in the sense that most bear markets bottom well in advance of earnings doing the same.
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