00:00 Speaker A
Time now for our chart of the day. Ryan Dietrich, chief market strategist at Carson group, posting this chart to social media this week, with stocks rising to a new record, we’re looking at the historical pattern of peaks, and if history teaches us anything, potentially could be more room to run into the second half of the year. So, this is where we’re taking a look at when stocks historically peak, and guess what? The lion’s share of that is typically in Q4 and spills over into January. You see the most typically in December and January of peeking for the S&P 500 annual highs. This is run from 1950 all the way into 2024 here, of course, because we haven’t finished out 2025 yet. But, as we’re taking a look at some of the areas, of course, in the midst of this summer movement, one of the things that I want to take a look at is, of course, as we were taking a look at that chart, we still do have some of the most recent all-time highs, but if history is any guide, then some of these highs that we’re seeing for, oh yeah, names like Nvidia where that’s up 1.6% here, and then ultimately continues to chart its own new highs. I’ll put this on a year-to-date view. There we go, as you can see the stock is up. Now, 17% year-to-date, and has moved off of those loads that we saw on the black, on the back of some of the move lower, uh, post liberation day, and now as we’re seeing some of those trade deals start to be netted out in here as well. You saw trips from Jensen Huang overseas, so Nvidia powering some of those new all-time highs. And then additionally, one of the other areas of the market that we’ve seen a lot of those highs continue to proliferate as well. Palantier, even though it’s down here on the day by about 5%, year-to-date, take a look at that move. It’s up 83% here. That has been one of the stocks that’s lighting up the Yahoo Finance trending tickets page on a daily basis. And then elsewhere within the mag seven names, we were talking about Amazon earlier, and that one also up year-to-date flat, just barely to the upside. Still has yet to creep back to some of those previous all-time high levels that we saw earlier on in the year, but one of the things to continue to track with Amazon, Google, meta, and Apple in those other mag 7 names, is where there is a continued diversification effort that investors are looking for. If they are trying to seek out any areas of the market that have been underappreciated or lagged the rebound performance, you could see some piling in or some additional rotation or taking bites out of some of those names. Then we will see exactly where that leads the investor sentiment, and ultimately how that can continue to push us to even more of a broadening and thus potentially more all-time high. So that is something that we’re tracking in today’s chart of the day here. And then just lastly, let’s see how these sectors have played out over the course of this year as we’re now getting back to some of those all-time highs. I’m going to put this on a year-to-date view for us, and as you can see we still have a few of those names, three of those sectors, in negative territory this year, and don’t look now, but it’s consumer discretionary that still has some room to try and get back in order to get into positive territory this year. But industrials certainly has been catching the eye of investors, and that’s up by about 11% year-to-date, leading the S&P 500 11 sectors.
Source link
https://findsuperdeals.shop/
