Daily Archives: June 19, 2020

Put/Call ratio is at the 19th most overbought day in 20 years.

Few days ever reached such an extreme level. This is even more extreme than at the stock market's top in *February 2020*

This is an important risk for equities – monitor carefully. pic.twitter.com/uV719FM0yx

— SentimenTrader (@sentimentrader) June 19, 2020

#SPX | Analysts lowered projections for the index’s profit margin, or net income relative to sales, by 2.2 percentage points this year to 9.5% as of Thursday – Bloomberg
*The margin peaked in January 2019 at 12.3%, the highest level since the data were first calculated in 2000 pic.twitter.com/o632u0e3Qy

— Christophe Barraud (@C_Barraud) June 19, 2020

“The stock mkt is not the economy.” Hear it all the time; don’t hold your breath. US lead indicators have explained 97% of the variability in equities over this entire business cycle, & currently they’re diverging by a record amount. In the end, macro fundamentals always matter. pic.twitter.com/Gc76TCW8MJ

— Julien Bittel, CFA (@BittelJulien) June 18, 2020

This Cheap #Hedge Could Save Investors Some Grief – Bloomberghttps://t.co/DX8fgZTWi9 pic.twitter.com/gqtrB2M2BY

— top-fineco-charts (@FinecoTop) June 19, 2020

81 Central Banks have cut rates in 2020… pic.twitter.com/vEV1oFIXEd

— Charlie Bilello (@charliebilello) June 19, 2020

Americas

Two #Fed Officials See Rebound, Cleveland’s Mester Flags Long Recovery Path – WSJhttps://t.co/EKZrxrf3b0

— Christophe Barraud (@C_Barraud) June 19, 2020

#California, #Arizona, #Florida and #Texas all report record spikes in coronavirus cases – CNBChttps://t.co/QAjRHH6Ofk

— Christophe Barraud (@C_Barraud) June 19, 2020

Some parts of the U.S. are ‘on the cusp of losing control’ of #coronavirus, Dr. Scott Gottlieb says – CNBChttps://t.co/9iyBR5CJ9g

— Christophe Barraud (@C_Barraud) June 19, 2020

#Mexico posts record 5,662 new coronavirus cases in one day – ABC Newshttps://t.co/iBYQrMnWp8

— Christophe Barraud (@C_Barraud) June 19, 2020

Pompeo Says #China Recommitted to #Trade Deal in #Hawaii Summit – Bloomberghttps://t.co/QLtmcGCl70

— Christophe Barraud (@C_Barraud) June 19, 2020

Asia

More Details Are Emerging About The #India#China Border Clash

➡ Link: https://t.co/pBUEIWaWBs pic.twitter.com/YhKxu2kw6u

— Christophe Barraud (@C_Barraud) June 18, 2020

N. Koreans are exploding with anger at S. Korea: state media – Yonhaphttps://t.co/N6MBAQ5CzT

— Christophe Barraud (@C_Barraud) June 19, 2020

#China’s $3.5 Trillion Wealth Product Market Shows First Losses – Bloomberg
*Link: https://t.co/I2jYfxBVT7 pic.twitter.com/BJgSmuOBtq

— Christophe Barraud (@C_Barraud) June 19, 2020

Europe

EU Plan to Spur Rebound With Giant Recovery Fund Under Scrutiny – Bloomberg
*Leaders hold videoconference to air their differences
*Germany and France are targeting an agreement next monthhttps://t.co/1ssi4TVPO0

— Christophe Barraud (@C_Barraud) June 19, 2020

Shell-shocked EU seeks elusive unity over coronavirus stimulus https://t.co/llwh9bkXGZ pic.twitter.com/6CQ1SQLB84

— Reuters Business (@ReutersBiz) June 18, 2020

Banks have rushed to borrow a record €1.3tn from the European Central Bank at deeply negative interest rates https://t.co/6ZeBxvC3c5 pic.twitter.com/EfCFxg3nVA

— Financial Times (@FinancialTimes) June 18, 2020