To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to Bespoke Premium. In this week’s report, we dive into the sustainability of the current AI hype cycle, look at Jamie Dimon’s recent JPM stock sales, highlight new all-time highs across the globe, and provide a full rundown of the just-completed earnings season.
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week trial to Bespoke Premium. CLICK HERE to learn more and start your trial.
“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” – Warren Buffett
Below is a snippet of commentary from today’s Morning Lineup. Start a two-week trial to Bespoke Premium to view the full report.
The S&P 500 rose more than 2% yesterday to close at a new all-time high, and as shown below, yesterday’s move pushed most areas of the US equity market up into extreme overbought territory.
Similar to the Nasdaq 100, yesterday was also the first time the S&P 500 had a one-day gain of at least 2% to close at a new all-time high since March 21st, 2000!
The green dots below show the 21 prior times the S&P had a 2%+ gain and closed at an all-time high since 1952. Yep, there have only been 21 prior occurrences over the last 70+ years.
For a closer look at how the market performed following prior moves like we saw yesterday, read today’s full Morning Lineup with a two-week Bespoke Premium trial.
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week trial to Bespoke Premium. CLICK HERE to learn more and start your trial.
“We should not look back unless it is to derive useful lessons from past errors, and for the purpose of profiting by dearly bought experience.” – George Washington
Below is a snippet of commentary from today’s Morning Lineup. Start a two-week trial to Bespoke Premium to view the full report.
The S&P and Nasdaq are both set to open at all-time highs this morning, but most notable is Japan’s Nikkei 225, which finally made a new all-time high after 34+ years!
After the Great Depression in the US, the S&P went 25 years without making a new all-time high, and Japan’s equity market beat that streak by nearly 10 years. As shown below, once the S&P finally did make that all-time high in the mid-1950s, it would go on to double in rather short order.
Sign up for a two-week trial to Bespoke Premium to continue reading more of today’s macro analysis.
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week trial to Bespoke Premium. CLICK HERE to learn more and start your trial.
“Individuals who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
Below is a snippet of commentary from today’s Morning Lineup. Start a two-week trial to Bespoke Premium to view the full report.
Interestingly, yesterday was the fifth year in a row that the S&P fell on the day after President’s Day, and as shown below, the next month on the calendar has generally been one of the weaker periods of the year:
Sign up for a two-week trial to Bespoke Premium to continue reading more of today’s macro analysis.