As an Industry, Info Tech's Size Reaches Historically High Levels

As an Industry, Info Tech’s Size Reaches Historically High Levels

In the chart below I plot the relative weightings of various SPX industry groups as a % of the entire index’s market cap over time. Right now, Info Tech constitutes nearly 22% of total SPX market cap. This was roughly…...

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Long AMZN, Short AAPL Pair Trade Has Legs

Long AMZN, Short AAPL Pair Trade Has Legs

On 12/17/15 in this post we highlighted the favorable technical set-up in the ratio of AMZN vs. AAPL and said the following about the first chart below, which is the chart we presented in the original post: “Here’s AMZN vs. AAPL.  I…

Despite Massive YTD Run, AMZN Remains Very Compelling; Could Hit $1,000+ Or At Least Out-Perform AAPL Significantly

Despite Massive YTD Run, AMZN Remains Very Compelling; Could Hit $1,000+ Or At Least Out-Perform AAPL Significantly

AMZN has had an amazing run since bottoming at <$300 in early 2015, having ripped ~135% higher in the process.  Despite this run, the charts for the stock, both on an absolute basis and relative basis vs. nearly anything else you…