Re: flow of funds into US equities - I left my scan for 10/18/00 at the office and am home right now, so this is the scan for total market cap for US stocks on 10/17/00:
Index # Cos. $ Market Cap NAS 4378 $ 4,570,479,500,000 NYSE 1876 $11,007,617,000,000 AMEX 623 $ 92,891,047,000 OTC 1900 $ 49,819,617,000 ________________________________________ 8777 $15,720,792,000,000
and 10/19/00:
Index # Cos. $ Market Cap NAS 4372 $ 4,862,009,000,000 NYSE 1875 $11,176,735,000,000 AMEX 623 $ 88,590,188,000 OTC 1900 $ 49,801,609,000 ________________________________________ 8770 $16,177,141,000,000
So the total US market cap was $456,349,000,000 more on 10/19/00 than on 10/17/00.
Non-US companies that trade on the US exchanges had a total market cap yesterday of $7,184,076,000 on 10/19/00, but I forgot that I meant to keep track of this, so can't compare to prior days.
TrimTabs tracks a lot more things than total market cap, so I know from past issues that total market cap doesn't tell us everything we need to know about liquidity, but I haven't mastered the technique of duplicating TrimTabs research yet. I'm working on it. -g- |