Four Winds @quantimeseries
Not financial advice (either you are up or you are getting up) Wall Street of the South Joined June 2023-
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@HeroDividend The stock market is NOT the economy.
@HeroDividend Stocks price the future profits of big global companies. They don’t measure jobs, paychecks, or whether people can make their car payment. Both can be true at once: record highs and a cracking consumer.
@HeroDividend So why are stocks at records? Concentration. The top 10 stocks are about 41% of the S&P 500, a record. Over the 2 years to May, SPY returned about 41%. Without AI names, it returned about 16%. You’re looking at an AI megacap trade, not Main Street.
@HeroDividend Rates: the 10-year Treasury hit 5.32%, the highest since 2002. Mortgages, car loans, and small-business credit are all priced off that number.
@HeroDividend Households: UMich consumer sentiment hit an all-time low of 44.8 in May 12.8% of credit card balances are 90+ days delinquent, up from 7.6% in 2022 Serious auto loan delinquencies are the highest since 2010
@HeroDividend Jobs: September payrolls rose only 29K, against roughly 90K expected. July and August were revised down a combined 60K. That’s about 51K a month over 3 months. Unemployment rose to 4.2%, and wage growth is the slowest since May 2021.
Not a fan of matching chart patterns but this is one is worth a look. $SPY $QQQ AI mania is off the hinges. October lows are not in yet. $NVDA $PLTR
@AustinPriceless tale of TWO chins...Go Vols
Now that's a jawline. TN state trooper means business. Arkansas falls. #UT
@5thDownCFB Punch to the neck. Eject the player.
@babyjesuus @JaredBarnard6 Clean your glasses. Punch to the neck. Insane. Should be ejected.
@DowdEdward What will be the ROI when all the dust settles. That’s the $100k question.
@CowboyGarrott Get UTA, OU, Texas A&M, MU out of the SEC!!!!!
ONE OF THE GREATEST QUOTES OF ALL TIME: “IF GOD HAD WANTED MAN TO PLAY SOCCER, HE WOULDN’T HAVE GIVEN US ARMS.” — #NFL legend Mike Ditka Ditka was truly ONE OF A KIND. 💀
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