Top 10 Thursday – January 25, 2024

1. 52-Week Highs During Yield Curve Inversion.

Nasdaq Dorsey Wright


2. Sector Performance Large Cap vs. Small Cap 2024

Large Tech vs. Small Tech Spread

Marketwatch ByChristine Idzelis https://www.marketwatch.com/story/tech-has-fueled-large-cap-stocks-this-year-it-hasnt-boosted-struggling-small-caps-396c7e16?mod=home-page


    5. Mega Cap ETF No Weakness Yet…..Trading 20% Above 200-Week Moving Average


    6. 2023 Worst Year in a Decade for VC-Backed Acquisitions.

    Pitchbook Blog VCs and market participants have been predicting an uptick in M&A activity for at least six quarters, but their forecasting powers keep failing them.

    2023 turned out to be the worst year in a decade for acquisitions of VC-backed companies, according to the Q4 2023 PitchBook-NVCA Venture Monitor. Companies purchased nearly 700 startups at a combined value of $26.7 billion, about a quarter of the value sold during the 2021 peak.

    Declining Nuptials

    https://pitchbook.com/news/articles/VC-acquisitions-startup-decade-low-2023?utm_term=&utm_campaign=VC_news&utm_medium=newsletter&utm_source=daily_pitch&utm_content=snapshot


    8. 2024 -Americans Will Spend $32B Less than 2023….$79B Less than 2022 on Gas.

    From Stephen Kroculick Jefferies According to GasBuddy projections — which were very accurate for 2023 — US gas prices will average $3.38 a gallon in 2024. This would be a significant improvement from 2023’s average of $3.51 a gallon, and an even bigger drop from 2022’s average of $3.95. Gauging the impact of this, GasBuddy expects Americans will spend about $32 billion less on fuel than in 2023 and $79 billion less than in 2022. “Next year should represent a continued march towards what most Americans would consider normal prices at the pump,” GasBuddy’s head of petroleum analysis told CNN in a phone interview

    https://www.gasbuddy.com/go/what-can-drivers-expect-to-pay-for-gas-in-2024


    8. China Four Interventions in Little Over One-Year.

    https://www.bloomberg.com/news/features/2024-01-25/can-xi-jinping-reverse-china-s-6-trillion-stock-market-crisis?srnd=premium&sref=GGda9y2L


    9. Tesla Profitability-Bloomberg

    https://www.bloomberg.com/news/articles/2024-01-24/stock-market-today-dow-s-p-live-updates?sref=GGda9y2L


    10. Emotional Intelligence Has 12 Elements. Which Do You Need to Work On?

    by Daniel Goleman and Richard E. Boyatzis HBR

    https://hbr.org/2017/02/emotional-intelligence-has-12-elements-which-do-you-need-to-work-on?tpcc=orgsocial_edit&utm_campaign=hbr&utm_medium=social&utm_source=linkedin


    3. Large Cap vs. Small Cap Ratio

    Schwab Large Cap Turned Back Up


    4. Dow Stocks Percentage from Highs by Name.

    Nasdaq Dorsey Wright

    https://www.nasdaq.com/solutions/nasdaq-dorsey-wright-research-platform-login


    5. Mega Cap ETF No Weakness Yet…..Trading 20% Above 200-Week Moving Average


    6. 2023 Worst Year in a Decade for VC-Backed Acquisitions.

    Pitchbook Blog VCs and market participants have been predicting an uptick in M&A activity for at least six quarters, but their forecasting powers keep failing them.

    2023 turned out to be the worst year in a decade for acquisitions of VC-backed companies, according to the Q4 2023 PitchBook-NVCA Venture Monitor. Companies purchased nearly 700 startups at a combined value of $26.7 billion, about a quarter of the value sold during the 2021 peak.

    Declining Nuptials

    https://pitchbook.com/news/articles/VC-acquisitions-startup-decade-low-2023?utm_term=&utm_campaign=VC_news&utm_medium=newsletter&utm_source=daily_pitch&utm_content=snapshot


    8. 2024 -Americans Will Spend $32B Less than 2023….$79B Less than 2022 on Gas.

    From Stephen Kroculick Jefferies According to GasBuddy projections — which were very accurate for 2023 — US gas prices will average $3.38 a gallon in 2024. This would be a significant improvement from 2023’s average of $3.51 a gallon, and an even bigger drop from 2022’s average of $3.95. Gauging the impact of this, GasBuddy expects Americans will spend about $32 billion less on fuel than in 2023 and $79 billion less than in 2022. “Next year should represent a continued march towards what most Americans would consider normal prices at the pump,” GasBuddy’s head of petroleum analysis told CNN in a phone interview

    https://www.gasbuddy.com/go/what-can-drivers-expect-to-pay-for-gas-in-2024


    8. China Four Interventions in Little Over One-Year.

    https://www.bloomberg.com/news/features/2024-01-25/can-xi-jinping-reverse-china-s-6-trillion-stock-market-crisis?srnd=premium&sref=GGda9y2L


    9. Tesla Profitability-Bloomberg

    https://www.bloomberg.com/news/articles/2024-01-24/stock-market-today-dow-s-p-live-updates?sref=GGda9y2L


    10. Emotional Intelligence Has 12 Elements. Which Do You Need to Work On?

    by Daniel Goleman and Richard E. Boyatzis HBR

    https://hbr.org/2017/02/emotional-intelligence-has-12-elements-which-do-you-need-to-work-on?tpcc=orgsocial_edit&utm_campaign=hbr&utm_medium=social&utm_source=linkedin