Market Metrics, 5/8/26

[lastlib]

For the folks playing along at home:

Dow Jones Industrial Average: 49,609.16, up 12.19 (+0.02%)
S & P 500: 7230.12, up 61.82 (+0.84%)
NASDAQ Composite: 26,247.08, up 440.88 (+1.71%)
2-Yr US Treasury Yield: 3.889%, down 0.03
5-Yr US Treasury Yield: 4.008% down 0.036
10-Yr US Treasury Yield: 4.359%, down 0.026
US Dollar Index: 97.765, down 0.019 (-0.02%)
Gold: 4723.70, up 12.80 (+0.27%)
Silver: 80.835, up 0.655 (+0.82%)
WTI: 94.68, down 0.13 (-0.14%)


Happy investing, everyone!

[progree]

1. Last week, and last 4 weeks through 5/8/26

Percent changes Last 7 days and last 4 weeks (since April 10)


The yield changes are the percentage points differences,
e.g. if some Treasury went from 3.61% to 3.66% over the past week. then that is a change of +0.05%

Red numbers in ()'s are negative numbers, meaning the metric went down.

Treasury notes' yields up means the notes' values are down
as likely people's bond portfolios

Last week was all good.

Last 4 weeks was mixed (rising yields drop the values of people's bond portfolios

No comment about movements in precious metals and the dollar.

[bucolic_frolic]

2. Investors are still today betting on chips

But the 5 or 6 largest companies in the world are leveraging everything they have on AI.

"Big Short" guy Michael Burry is taking prominent short positions on AI, betting against Palantir, and buying the aggregate short chips ETF SOXS. His positions are for early 2027, roughly, and some analysts think it will be 2 years before any possible collapse.

[bucolic_frolic]

3. NASDAQ is up 27% over the last 6 weeks !!!! $4 Trillion into Chips this year !!!!

Off the charts! The crash when it comes will be epic!

[Happy Hoosier]

4. And the S&P more than 18% in that same time...

It's kinds nuts. I mean, my portfolio loves it, but... nuts.

Looks like we're in for some profit taking today. Most of my portfolio is in my 401K where profit taking isn't so easy.