"Some claim that institutional investors are the "smart" money and retail investors are better contrary indicators ...But our BofA Securities Equity Client Flows suggest the opposite" pic.twitter.com/lqFFHKWggI
GOLDMAN: ".. $NFLX mgmt has executed its password sharing initiative in excess of our prior assumptions .. and overall industry competition has become more muted .. Since we added NFLX to the Sell list on June 10, 2022, NFLX shares are up 135% vs the S&P500 of 12.5%."
TRAVEL UPDATE: Yesterday, TSA Officers nationwide screened 2,883,595 individuals – beating our previous travel record of 2,882,915 on the Sunday after Thanksgiving in 2019. This is the highest number of passengers the agency has screened on record.
Big Tech companies may have resumed their hiring based on job openings. Total job openings for $GOOG, $AMZN, $MSFT and $META are up 100%, 40%, 85%, and 162%, respectively since the end of Q1, although they are all still down a fair amount from a year ago pic.twitter.com/93FghFmr3U
The US added 3.8M jobs in the last year, including:
1M in Health Services & Private Education 800k in Leisure & Hospitality 600k in Government & Public Education 470k in Professional & Business Services 400k in Goods-Producing Industries 200k in Trade, Transportation & Utilities pic.twitter.com/n3UJmiihsr
It’s SUPER rare for a movie franchise to have 4 installments rank in the 90s on @RottenTomatoes. TOY STORY has done it for animation. SPIDER-MAN & the MCU have done it, but with multiple series. 007 has done it, but w/ 2 Bonds. #MissionImpossible out here making history! pic.twitter.com/r5wq8MGyHJ
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A Wealth of Common Sense is a blog that focuses on wealth management, investments, financial markets and investor psychology. I manage portfolios for institutions and individuals at Ritholtz Wealth Management LLC. More about me here. For disclosure information please see here.
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