- Daily Chartbook
- Posts
- DC Lite #418
In partnership with
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.
1. SLOOS. "Not an encouraging sign for a capex boom. According to the Q3 Sr. Loan Office Opinion Survey, the net percent of banks reporting stronger demand for C&I loans to large and medium-sized firms slid to -28.6, the worst performance since Q4 2023."
2. 10-year. "For the last three years, changes in nominal 10-year yields have mostly come from shifts in real yields, not from inflation expectations ... The real swing factor is real yields — and right now, they’re the only thing that can actually push nominal yields down."
3. HFs vs. R2K. "In the past 2 Commitment of Traders reports, Hedge Fund Russell 2k shorts surged to a new record. Specifically over July 22nd - August 5th, Hedge Fund short sold $4.3bn - the largest 2 week amount for at least the past 10 years. The resultant level of outstanding shorts in notional terms also marked a new high."
4. Earnings surprise. "Q2 earnings are nearly quadrupling preseason estimates."
5. Earnings revisions. "The percentage of S&P 500 companies with positive three-month percent changes in their forward earnings jumped to 84.1% last week. This measure of earnings breadth augurs well for the bull market and suggests that it could broaden in the coming months."
Sponsored content:
Big investors are buying this “unlisted” stock
When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VCs who backed Uber, Venmo, and eBay also invested in Pacaso.
Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3T vacation home market.
And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in gross profits in their operating history.
Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
Reply