“Knowledge is a process of piling up facts;wisdom lies in their simplification.”
— Martin H. Fischer
Enjoying The QuiCQ but not yet signed up for The Quotedian? What are you waiting for?!!
This will be the shortest QuiCQ ever - and maybe even the last. Similar as already announced in The Quotedian last Monday (click here) I will spend the next few mulling over a possible re-branding of both letters, combining them into one, trying to find the sweet spot between up-to-date, actionable market deliberations and not over-flooding your inboxes (and my workload).
Regarding (equity) markets, the S&P 500 and the Nasdaq 100 both hit new all-time highs (ATH) again yesterday:
What we need to see now is new ATHs on the equal-weight S&P 500:
And as we’re at it, new ATH’s on the following three would be helpful too, to confirm a broader break higher of the market:
Maybe, the S&P 100 equal-weight index is already showing the way to these above-mentioned market segments:
With this, all that is left to do is to wish those of you who still have them ahead nice holiday and for those already back from sunnier shores, may the Northern hemisphere summer be soft on you!
Ooopps.
For me, dog days ahead!
For someone who has already had their holidays, I hope that, based on this weather forecast, this was the last QuiCQ! Hahaha..have a lovely, hot holiday!