Intangible assets. Tangible assets made up 83% of the S&P 500’s market value in 1975. In 2020 that number was down to 10%.
High & stable margins. “Stocks with high and stable margins are still seeing upgrades, in contrast to Cyclicals.”
Tech stocks (I). Technology stocks have seen the biggest inflows in 8 weeks.
Tech stocks (II). They’re also on pace for the longest winning streak of weekly gains since November.
Risk-on? The market’s risky factors are gaining momentum.
Insiders accumulating. Corporate insiders have been accumulating over the past month.