1 of the craziest stats in the market right now đ
$Apple(AAPL)$ announced a $110B stock buyback program in Q1.
If you strip out the Mag 7 from the $S&P 500(.SPX)$ , the average market cap for the S&P 493 is just $65B.
AAPL buyback program is 169% larger than the average S&P 493 company.
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When the $S&P 500(.SPX)$ trades higher over the first 100 days of a Presidential election year, the rest of the year is up 93% of the time for an average return of 10.1% ($5800).
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https://x.com/Marlin_Capital/status/1795439679652917329
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