Investors still jumping back into equities & dialing back bond exposure, as per flow data @DataArbor pic.twitter.com/qvVTA3frdc
— Liz Ann Sonders (@LizAnnSonders) November 23, 2020
Optimism over #COVID19 & vaccines has never been this euphoric among @Twitter fintwit crowd tracked by @DataArbor … even perma-bears have turned confident pic.twitter.com/Jq6BCBz1dK
— Liz Ann Sonders (@LizAnnSonders) November 24, 2020
179.9% market cap vs. GDP.
The widest market disconnect from the economy ever.#documentingreality pic.twitter.com/YLCpEEYD6U— Sven Henrich (@NorthmanTrader) November 28, 2020
NAAIM Exposure Index 106.74 pic.twitter.com/CtJai3kF46
— Helene Meisler (@hmeisler) November 28, 2020
2/3: The % of S&P 500 stocks above their 200-DMA just reached a new extreme for the current regime of historic high equity valuation and corporate leverage. What could possibly go wrong? pic.twitter.com/lY5D83II4g
— Kevin C. Smith, CFA (@crescatkevin) November 25, 2020
Retail favorite stocks are up 80% YTD.
Robinhooders outperforming hedge funds 20-to-1 pic.twitter.com/f7e4cWnIxY
— zerohedge (@zerohedge) November 27, 2020
2. Seasonality snapshot: historically 70% of Decembers were positive [but note with benefit the worst drawdown column and the standard deviation around the average return]https://t.co/aEE1vArNk5 $SPX $SPY pic.twitter.com/tiWQu6x3FU
— Callum Thomas (@Callum_Thomas) November 28, 2020
The 2021 Liquidity Supernova: Step Aside Fed – US Treasury Will Unleash $1.3 Trillion In Liquidity https://t.co/b6seLmImP5
— zerohedge (@zerohedge) November 29, 2020
The latest UI claims, Homebase, & Kronos numbers are consistent with payrolls coming in at -67K not-seasonally-adjusted for November, and -386K seasonally-adjusted. pic.twitter.com/1hLiYF0jyY
— Ernie Tedeschi (@ernietedeschi) November 25, 2020
Euro Area Earnings Revisions are still weak & level EPS for the 2021 calendar year is still falling.
Euro Area 12-Month forward growth expectations also seem wildly optimistic at ~38%.
By comparison the US is ~17%. pic.twitter.com/loAFl9poc6
— Richard Dias (@RichardDias_CFA) November 27, 2020