“There is no such thing as information overload, only filter failure”
— Clay Shirky
Enjoying The QuiCQ but not yet signed up for The Quotedian? What are you waiting for?!!
S&P 500 new all-time high —> check!
Accompanied by a new all-time high in breadth (cumulative advance minus decline ratio) —> check!
Nasdaq Composite new all-time high —> check!
Golden Cross on Dow Jones Industrial —> nearly a check!
New all-time high in Bitcoin —> check!
All this accompanied by a several treasury bond auctions this week, which did not go as bad as some feared.
It’s all (sing along):
Little else to comment this beautiful, sunny Friday other than European and US futures are trading about half a percentage point lower, probably mostly on the back of the latest round of Trump’s Tariff Tantrum (TTT). Due later today: a TTT love letter from Team Tariff to Team EU … also, the US President is to make a ‘major’ statement on Russia on Monday.
Have a great weekend!
As if the several new all-time highs above would not be bullish enough already, the recent rally in excess of 25% over a three months period, forebodes additional (very solid) gains over the next 12 months, according tot the table below:
Stay tuned (and long)!
