The S&P500 future is up 26.9% from its December lows.
Earnings forecasts are down by ~6%.
— Martin Enlund 🦆🚁 (@enlundm) April 24, 2019
— Bloomberg Radio's Dave Wilson (@TheOneDave) April 23, 2019
meanwhile, soxx aths pricing in massive 2h rebound pic.twitter.com/y2Z0TAFK9r
— Alastair Williamson (@StockBoardAsset) April 23, 2019
$TXN guided for -10% revenue decline at midpoint with no indication from mgmt there’s a turnaround brewing even though sell side kept asking that question. Margins have peeked as cycle decline getting worse & capacity taken offline. pic.twitter.com/2bw2X3Gf3o
— Greg S. (@GS_CapSF) April 23, 2019
Historically when the top 5 are greater than 24% of total YTD attribution, end of year returns avg 0.42%
When top 5 is less than 24%, avg yearly return = 17.4%. $SPX +17.7% YTD
— Teddy Vallee (@TeddyVallee) April 23, 2019
Mother of all blow offs on this one. Up 50% in 4 months. 10% in last week or so alone. All this despite countless articles and warning on global chip slowdown. Just amazing. pic.twitter.com/u6MjgAN48B
— Puff Dragon (@PuffDragon11) April 24, 2019