MoonBoi42

June @DallasFed Manufacturing Index slowed to +0.0 vs. +1.0 est. & +0.4 prior … new orders +2.3 vs. +6.4 prior; production +4.1 vs. +9.4 prior; shipments +7.1 vs. +7.4 prior; wages +26.0 vs. +23.6 prior; employment +13.9 vs. +0.2 prior

After relative surge by non-profitable cohort within Russell 2000 earlier this year, it’s been rolling over in favor of profitable cohort
[Past performance is no guarantee of future results]

This week’s data dump

Baskets’ performance YTD, March (correction month), and QTD

MA breadth charts updated thru Friday’s close

Drawdowns and % outperforming: tables updated through Friday’s close … some rough sailing past month, but note that two-thirds of S&P 500 constituents have outperformed index itself

Performance: Neural9 chart (notice Micron is on its own scale)/table updated thru Friday’s close

Sectors’ percentage of stocks trading at 4w and 52w highs (defensives pushing higher)

The Eagles, not Michael Jackson, have America’s top-selling album, including the only one certified at 40 million units. Thriller remains the country’s best-selling non-compilation album with 34 million certified units sold. Only one album released since 2000, Adele’s 21, has sold at least 15 million certified units in the U.S. My favorite on this list? LZIV.
@VisualCap

Data by digital information provider The Block analyzed by Pew Research Center shows how swiftly prediction markets' global trading volume has shot up to almost $25 billion as of April. The numbers also reveal that the meteoric ascent happened largely on the back of sports betting.
@StatistaCharts @TheBlock @pewresearch

June Services Index from @KansasCityFed slowed to 5 vs. 10 prior…employment down to 1 vs. 5 prior

June revision for @UMich Consumer Sentiment Index up to 49.5 vs. 48.9 initial; current conditions down to 47.7 vs. 48.4 initial; expectations up to 50.7 vs. 49.3 initial

June @UMich inflation expectations revisions: 1y unchanged at 4.6% vs. 4.6% initial; 5-10y down to 3.3% vs. 3.4% initial

May U.S. goods trade deficit widened to -$105.8B vs. -$83.0B prior … exports of goods -5.4% vs. +3.8% prior ... imports of goods +3.6% vs. +2.0%

May wholesale inventories (blue) +0.3% vs. +0.7% prior; retail inventories (orange) +0.6% m/m vs. +1.0% prior

Indexes’ performance updated thru yesterday’s close (S&P 500 EW now well ahead of CW YTD … Russell 2000 still handily outperforming S&P 500 even over past 2y)
[Past performance is no guarantee of future results]
@Bloomberg

Personal savings rate held steady at +3.0% in May and remained at its lowest level in four years

.@ChicagoFed National Activity Index (gauges overall economic activity and related inflationary pressure) turned negative in May falling to -0.10 vs. +0.19 prior