Chronicles of fat years [2024-2027 Edition]

[Mirager]

Check again now

[dbu]

@almi

regression to the mean

But which mean?

[Your_Full_Name]

Someone took out the Mag7 for the past two years:

(Source)

[Your_Full_Name]

Here’s final 2024 Top 20 ETF Leaderboard: $VOO ended w/ $116b which is $65b beyond old record (absurd). $IVV closed strong w $89b (bc used more than $SPY for TLH?). $IBIT took 3rd spot w $37b (still <1yr old!). Total flows at $1.14T, which broke old record by 25%, or $225b…!

(Source)

More inflows to Blackrock’s Bitcoin ETF IBIT than into VTI …

[dbu]

Anybody got a link to the Greed index?

[Tony1337]

This really feels like the “everything bubble”

[Wolverine]

Come on, it’s the first result using a range of search engines provided with the exact terms you’ve used.

Fear and Greed Index - Investor Sentiment | CNN

[user137]

oh what a thread I missed so just making this pointless comment to follow

[assemblyrequired]

Or you can just follow the thread with this button below:

[Your_Full_Name]

Ben Carlson’s sector quilt including 2024:

And the sector weightings for the S&P 500 as of year-end 2024:

Source: The 2024 Sector Quilt - A Wealth of Common Sense

[Tony1337]

Communications and Tech making up almost 1/2 of the market cap is surely sustainable

Everything just screams Dotcom to me

[Your_Full_Name]

I don’t know.

All but one of the Mag7 companies are hugely yuugely profitable and are expected to keep growing their earnings.

Are they overvalued? Probably. Are they bubble overvalued? Don’t think so … (except that one outlier).

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FASTgraphs:

[user137]

interesting to see the discrepancy between GOOG and GOOGL - same company, same finances different chart.

[Your_Full_Name]

Is there anything you can read out of that discrepancy? I can’t.

One has voting rights and is supposedly still mostly owned by founders and friends, the other is for peasants like myself.

Genuine question, I agree the earnings charts look different, price is mostly the same, but I don’t know what to make of it?

[PhilMongoose]

They are different share classes.

[user137]

@Your_Full_Name

Is there anything you can read out of that discrepancy? I can’t.

me neither, hence I’m stating that it’s strange.
I’m following GOOG and hence I was convinced it has a tendency to be overpriced a little (which would be normal for a Mag7 stock).
But then GOOGL is like almost always underpriced, which can’t be right…

[Your_Full_Name]

Maybe it’s just a liquidity thing. Larry and Sergey (and some early shareholder – I believe I used to also own GOOG – and maybe others) just don’t trade that much except through pre-scheduled sales plans.