John Coumarianos’ chart of the day at Institutional Imperative. Coumarianos adds that it shows “the staggering run of bonds more than anything else.”
AUTHOR
Interactive Advisors
497 postsYou may also like
Japan’s Nikkei 225 Index is up almost 20% this year, a four-year high.
In the past year, the combined net profit of Microsoft, Google, eBay, Yahoo, Facebook and Amazon was $7 billion less than Apple’s.
Overall bullish holiday sentiment, positive news on a handful of AI-related megacap tech names, and continued investor optimism for the Fed to adjust rates at its next meeting powered the advances.
One of the handful of companies bucking the trend last week was Nvidia. The company reported that its Q1 sales tripled from a year ago.