M'tourist Private Feed Recap
for Thursday, November 21st, 2024
Interesting Charts:
One of the smartest hedgies I know has repeatedly told me to watch the Goldman Sachs U.S. MegaCap Tech vs. Non-Profitable Tech Index. For the first half of the year, it rose in a scarily-consistent matter. It was clear that the quant and podshops were pushing this trade hard. In July, the uptrend broke, and the position treaded water …