But first, the Global Dow count:
Trump's election drove a manic blow-off top into what will very likely be global "recession" with zero fiscal/monetary safety net...
The U.S. is the last domino to fall of course, however, payrolls (red) with Paychex the payroll provider is a useful leading indicator:
This year, the Dow outperformed the S&P which outperformed the Nasdaq, so here is the Dow / S&P ratio:
Dow new highs:
Nasdaq
U.S. Oil inventories ended the year at all time year-end highs:
The Lockheed Martin trade has rolled over...
Retail
Semiconductors
Nvidia was the top performing S&P stock of the year, already down almost -10% off its highs in a week (not shown)
Qualcomm
Amazon
Google: One year to nowhere...
Johnson & Johnson
And Microsoft: Pinnacle of the Ponzi scheme...
Wynn casinos
Ameritrade
"Luck be my lady tonight"
S&P 500 On Balance Volume (red) with % of stocks above 200 dma:
