Top 10 Macro/Financial Charts of the Week – w16 (2022)

Over the past 50 days, an average of more than 2.25% of NYSE issues have hit either a 52-week high or a 52-week low.

Going back more than 60 years, this has never NOT preceded a bear market (gray shading).

Took a long while after the 2006 signal fwiw. pic.twitter.com/NAEC3LtxdR

— SentimenTrader (@sentimentrader) April 22, 2022

Some of my most important Equity Models are approaching their third Buy signal of the year.

The first two led to large bounces (9-12%).

With the panic in Rates now at historic extremes – the May FOMC/CPI *could* mark a Major turning point for Stocks & Bonds.

Watching closely. pic.twitter.com/g36RuOmy9e

— Macro Charts (@MacroCharts) April 23, 2022

7. Morningstar price vs fair value estimate indicator for all the stocks they have ratings on: https://t.co/77rhqdHNlO

Starting to look cheap on this metric (but perhaps not cheap enough yet…)$SPX $SPY pic.twitter.com/12czhS96PN

— Callum Thomas (@Callum_Thomas) April 23, 2022

6 mo ROC of mortgage rates.

I believe the technical term is bananas. pic.twitter.com/DTMUwnQ8sY

— Teddy Vallee (@TeddyVallee) April 22, 2022

The downward pressure on the Yuan is just the beginning.

China is facing a major economic downturn and
needs to severely devalue its currency. pic.twitter.com/Z94K2ruOt0

— Otavio (Tavi) Costa (@TaviCosta) April 22, 2022

This is a very important chart – when was the last time that corporate bonds and equities performed badly at the same time? Exactly. pic.twitter.com/wcpUEb8pOZ

— Patrick Saner (@patrick_saner) April 22, 2022

https://twitter.com/C_Barraud/status/1517806184048300032

https://twitter.com/C_Barraud/status/1517399271988940800

https://twitter.com/C_Barraud/status/1517821043922067457

🇪🇺 Traders Bet #ECB Rate Liftoff in July, Sparking a Series of Hikes – Bloomberg
*Link: https://t.co/wlrkWEHzH2 pic.twitter.com/edlYWhf0bs

— Christophe Barraud🛢🐳 (@C_Barraud) April 22, 2022