FlowBank

1203 days ago

Tesla pulling an Icarus day before entering S&P500?

Tesla is about to fully incorporate the S&P 500 on Monday. Its stock price at the end of trading will determine the weighting Tesla will have in the index which is important. The S&P 500 is weighted by market capitalization, adjusted for the number of shares available for trading. See the massive gap between S&P 500 performance relative to Tesla. source; Barrons.

#Stocks #Technology
TESLA SP500 EV

1203 days ago

Emerging Markets foreign investment is back

Foreign investment into emerging markets this quarter has been on the rise. Cross-border flows bringing outflow to $243bn four months after crisis. November was huge with $145bn invested.  Equities are slower to catch up relative to debt but with central banks injected $7.5tn into global financial markets during the crisis, there is much ease for further growth. source: FT

#Stocks #Bonds

1203 days ago

BofA Sentiment indicator is pointing towards extreme optimism

From a  contrarian perspective, too much optimism is a bad signal and should be interpreted as a sign of cautiousness (and even as a selling signal). The "BofA Bull/Bear Indicator" has been very slow to move this year after the sell-off. Latest reading shows we are getting very close to extreme optimism - so BULLS beware! Source: BofA 

#Stocks
BofA Sentiment indicator

1204 days ago

Equities have delivered higher returns than bonds over the past century

Source: The Financial Times, Dimson, Marsch & Staunton, Credit Suisse

#Stocks #Bonds #Macro
equities deliver higher returns than bonds or bills

1204 days ago

Hedge fund leverage is the highest on record

Fundamental L/S HF Gross and Net leverage are at the highest levels on Goldman's Prime Brokerage record (since Jan ’15) - source: Goldman, The Market Ear 

#Stocks
Gross / Net exposure Fundamental equity long/short
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