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2026 has had its fair share of wild stats.
Here’s one of my favorites: betting markets last night were pricing a 37% chance that the United States will confirm the existence of aliens by 2027.
Hard stop. That’s insane.
If you are on the opposite side, go take your 37% “free money.”
After watching The Age of Disclosure, I won’t be joining you 🙂 but I wish you luck.
I stumbled on an equally shocking, this time market-related, stat tonight. I had to chart it for you ASAP, which explains the late post.
Plus, I’m afraid if I wait a day, the data could change and the shock value may fade. That’s complete nightmare fuel for a guy who charts for a living.
So here it is.
We all know the Mag 7 has been lagging and Consumer Staples have been ripping this year.
I’m not breaking any news.
But did you know that, as of 2/24/2026, the average forward PE ratio of the Mag 7 (ex-Tesla) is now below the Consumer Staples sector?
Hard stop, again. This one might be crazier than the alien stat.
Check it out. Below you’re looking at the average forward PE of the Mag 7 (ex-Tesla) vs the Consumer Staples sector over time.
I did not have the convergence of these two lines on my 2026 bingo card.
For 99.6% of days over the past decade, the Mag 7 (ex-Tesla) has traded at a premium to Consumer Staples sector.
It is now trading at a discount.
I’m visualizing it in a different way below, by showing you the spread between the forward PE of both groups.
If you look at the chart closely, you’ll actually see that the spread between both sectors has been converging slowly over time. This was not an “all at once” re-rating.
See the lower highs since the COVID-19 peak?
But now it’s completely flipped.
If there’s ever a time to take notice, in my opinion, it’s now.
That’s all for today. Thank you, as always, for reading!