Quarterly Strategy Pack - Q3 2026 -Macro Outlook -Asset Allocation views -Specific ideas and issues Get the pack + join the webinar: www.topdowncharts.pro/p/quarterly-...
Callum Thomas
@topdowncharts.bsky.social
Head of Research & Founder at Topdown Charts (chart-driven macro insights for investors)
Weekly S&P500 ChartStorm www.chartstorm.info/p/weekly-s-a... This week: bull market broadening, lag 7, equal-weighted vs cap-weighted, value vs growth, financials, micro caps, bubble watch (AI stocks), REITs
Chart of the Week - Big Moves in Small Caps Plenty of room to run, here's why: www.chartstorm.info/p/chart-of-t...
Weekly ChartStorm coming soon... Meantime, check out last week's edition + subscribe: www.chartstorm.info/p/weekly-s-a...
Weekly S&P500 ChartStorm - 28 June 2026
This week: the "lag-7", valuations, earnings euphoria, sector sizes, tech sector, foreign flows, market regimes, small caps...
chartstorm.info
$0.50 of every $1 in Sector ETFs is in Tech Sector Funds (should be fine...)
For those wishing for Rate Cuts... If the Fed cuts unnecessarily then stocks go up, but if they cut because things are unravelling in the economy then it won't help stocks at all. (also notice how the market tends to trade into the first cut)
This chart tells you all you need to know about investing in Stocks vs Bonds. Observations: Bonds & stocks go up together most of the time. Stocks beat bonds most of the time. (but bonds beat stocks most of the time when stocks go down) from The Weekly #ChartStorm
The AI boom (/bubble?) has triggered a surge in earnings expectations unlike anything we've ever seen before. This has helped EM equities outperform vs US and developed, but it's also starting to look a little too good to be true. And it's not the only interesting thing going on in earnings...
Is this a test of financial literacy? ...or is it a matter of volatility? (or is it simply that most people hold real estate for the long-term by default, and hence get to actually see the benefits without getting spooked out by news headlines and daily market volatility)
In 2022 the Stockmarket put in a Major Top -and- a Major Bottom Here's two #ChartStorm case studies documenting the clues/signs of the Top & Bottom Top: www.chartstorm.info/p/weekly-cha... Trough: www.chartstorm.info/p/weekly-cha...
Adjusted for market movements, margin debt is still expanding at a rapid pace. Yes this is a warning sign. As detailed here: www.chartstorm.info/p/chart-of-t...
Weekly Report Highlights + Chart in Focus This week: global equities, small caps, TAA review, and a stunning chart on global equity "fundamentals" --read it here: www.topdowncharts.pro/p/weekly-rep...
What is more important in this chart? -the gap between them -the record highs in each -them both going up together (as seen in The Weekly ChartStorm)
We've become accustomed to markets just trending and going up over time, but there are plenty of examples across history and geographies of markets that just range. This 25-year period of time in Japan was one for market timers and not long-term trend followers. (...albeit there are clear trends o
If you missed the 10 Worst days in the market, your returns would be materially better than the index. So, should we therefore attempt to time the market? Most finfluencers only tell you about the red line, so what is the intellectually honest approach here?? from The Weekly ChartStorm
Most people talk about Stock prices when they talk about Seasonality, but Volatility and Credit Spreads also follow seasonal patterns... Off-Topic #ChartStorm on Seasonality: www.chartstorm.info/p/off-topic-...
Just as mag-7 turns to lag-7 and various cracks are appearing in the bull case, investors are about as levered up as they can get... (what could go wrong)
Another week, another new all-time high in long-term average expected earnings growth... Have Wall Street analysts lost the plot or are we really heading into a period of earnings hyperinflation?
On the other side of the AI boom we will probably see the blue line go down and the black line go up... (few understand or expect this)
Weekly S&P500 ChartStorm www.chartstorm.info/p/weekly-s-a... This week: the "lag-7", valuations, earnings euphoria, sector sizes, tech sector, foreign flows, market regimes, small caps...
Tech Sector capex is crowding out Commodity capex 🧐 🤔 There's one small problem with this...
Here's one of the things I love most about writing The Weekly #ChartStorm -- subscribers love it. Here's what else they have to say about it: www.chartstorm.info/p/reviews
Weekly ChartStorm coming soon! In the meantime be sure to check out last week's edition (unlocked for your review) + subscribe to get the best curated charts straight to your inbox each week: www.chartstorm.info/p/weekly-s-a...
Weekly S&P500 ChartStorm - 21 June 2026
This week: MAG7 vs the S&P 493, equal vs cap weight rotation, valuations and profitability, cash allocations, margin debt, seasonality, industrials, and why treasuries...
chartstorm.info
Funny thing on this chart, Perspective matters... if you hold something that falls -50% it has to rise 100% to get you back to where it started. if something you don't hold falls -50% it will gain 100% if it just gets back to where it started. (there's a lesson in there)
Margin Debt Acceleration 👀 Yes, it is a valid and reliable warning indicator...
Space Stocks have crashed -50% since the 28th May peak. The past couple years this type of move was a buying opportunity... (𝘵𝘩𝘦 𝘶𝘴𝘶𝘢𝘭 𝘤𝘢𝘷𝘦𝘢𝘵𝘴 𝘰𝘯 𝘬𝘯𝘪𝘧𝘦-𝘤𝘢𝘵𝘤𝘩𝘪𝘯𝘨 𝘢𝘱𝘱𝘭𝘺)
on Consistent Fast Growth 🧐 in 2018 there were 1055 companies who reported sales growth of 10% or more… by 2023 only 35 of them were able to consistently grow sales by at least 10% year-after-year across that 6-year period. In other words, it’s easy to grow fast once, hard to grow fast consisten
Inflation-adjusted 10-year rolling total returns are at cycle Highs for stocks, and cycle Lows for bonds. Due for a reversal? more in The Weekly #ChartStorm
The Weekly #ChartStorm >> when did it start >> what's the point >> who's behind it +More: www.chartstorm.info/p/getting-st...