Global Markets and Macro Investing by Callum Thomas
Callum Thomas: Market indexes show signs of peaking and regime change
Callum Thomas observes that the Mag-7, S&P493, and both cap- and equal-weighted S&P500 indexes have all reached a peak. He also indicates that current market volatility is occurring in line with ...
Monetary policy tailwinds begin to fade in global economy, Callum Thomas notes
Callum Thomas highlights that the global economy has benefited from successive waves of monetary policy easing. According to Thomas, this has been a significant factor behind the economic ...
Callum Thomas: S&P 500 sentiment, volatility season and global allocation trends
Callum Thomas provides a weekly update on S&P 500 trends, focusing on current sentiment and positioning in the market. He also covers topics such as the volatility season, shifts in asset ...
KOSPI drops 20 percent as investors focus on AI bubble risk, Callum Thomas notes
Callum Thomas reports that his recent survey found the possibility of an AI bubble burst as the top surprise risk for investors in the second half of the year. Recent market movements, such as the ...
Callum Thomas: S&P 500 weekly chart round-up shared with chart sources
Callum Thomas shares a new blog post featuring a weekly chart overview of the S&P 500. In the post, Thomas acknowledges chart sources including MarketCharts, topdowncharts, AlfCharts, and ...
S&P 500 trends include value versus growth, Callum Thomas notes
Callum Thomas shares a weekly overview of the S&P 500 ChartStorm, highlighting themes such as a broadening bull market, lag 7, and the comparison of equal-weighted versus cap-weighted indices. ...
Callum Thomas: S&P 500 chart sources featured in weekly market overview
Callum Thomas shares a new blog post in his ongoing Weekly S&P 500 ChartStorm series, providing an overview of recent market charts. He also credits several chart sources, including MarketCharts, ...
Wall Street analysts hit new all-time high on earnings growth expectations, Callum Thomas notes
Callum Thomas highlights that long-term average expected earnings growth has reached another new all-time high this week. He questions whether this surge reflects overly optimistic Wall Street ...
Callum Thomas: Only 35 companies sustained 10% sales growth from 2018 to 2023
Callum Thomas highlights that in 2018, 1,055 companies reported sales growth of 10% or more. However, by 2023, only 35 of those companies were able to consistently achieve at least 10% sales ...
Global equities price in stronger growth outlook, Callum Thomas notes
Callum Thomas observes that global equities are reflecting expectations of a significantly higher purchasing managers index (PMI) as global economic growth shows signs of reacceleration. He ...
Callum Thomas: Market downturns make finding a bottom challenging in 2022
Callum Thomas discusses the difficulties investors face in identifying the bottom during a market downturn. He explains that negative news tends to dominate and dips can continue, making it tough ...
Mag-7 trails S&P493 while valuations stay high, Callum Thomas notes
Callum Thomas highlights several key findings from recent market charts. He observes that Mag-7 stocks have been underperforming compared to the S&P493. Thomas also points out that current high ...
Callum Thomas: IPO dollar value rises but remains subdued
Callum Thomas observes that the dollar value of IPOs this year is significant. However, he points out that while activity has increased in the current cycle, it is still muted when compared to ...
Company dominance fluctuates through cycles and bubbles, Callum Thomas notes
Callum Thomas highlights how the largest companies have changed over time. He points to evidence of cycles and sector bubbles, such as Microsoft during the dot-com bubble in 2000 and Exon Mobil in ...
Callum Thomas: Market valuation split between top 100 and others
Callum Thomas discusses how the market is sharply divided from a valuation perspective. He describes a split between the top 100 companies, referred to as the Bigs, and all other companies, ...
Weekly S&P 500 chart analysis shared, Callum Thomas notes
Callum Thomas shares his latest ChartStorm blog post featuring weekly analysis of the S&P 500. He also recommends following various chart sources for further market insights, including ...
Callum Thomas: S&P 500 equal weight index reaches new highs as small caps gain
Callum Thomas highlights key market developments from the week. He observes that the recent sell-off appears to have ended, with leveraged long ETF traders buying the dip. Thomas also notes that ...
Weekly chart analysis available last week, Callum Thomas notes
Callum Thomas announced that the latest Weekly ChartStorm will be released soon. He also encouraged readers to review last week's edition and subscribe for ongoing stock market chart ...
Callum Thomas: Analyzing market signals from the 2022 bottom as a learning case
Callum Thomas examines the key signals and indicators that marked the bottom of the 2022 market in a special edition of his Weekly ChartStorm. He presents this review as a case study to help ...
Bitcoin no longer tracks semiconductors, Callum Thomas notes
Callum Thomas observes a significant shift in market dynamics, noting that Bitcoin no longer mirrors the movements of semiconductor stocks, which previously led its cycle by about six to seven ...
Callum Thomas: Weekly S&P 500 ChartStorm post highlights market trends
Callum Thomas shared a new Weekly S&P 500 ChartStorm blog post. The update acknowledges and recommends following several chart sources, including topdowncharts, Mike Zaccardi, Neil K. Sethi, ...
