Top 10 Macro/Financial Charts of the Week – w6 (2021)
Average U.S. junk-bond yields fell below 4% for the first time ever Monday. The measure for the Bloomberg Barclays U.S. Corporate High Yield index dipped to 3.96% after six straight sessions of declines. pic.twitter.com/MwKXJiO4oC
— Christophe Barraud (@C_Barraud) February 9, 2021
The market value of global high-yield bonds rose to a record of more than $3.1 trillion on Tuesday according to Bloomberg data.
*The yield on U.S. high-yield notes dropped below 4% for the first time ever this week. pic.twitter.com/L040VOPLKN— Christophe Barraud (@C_Barraud) February 10, 2021
The total equity and index call options (average daily volume for the past 20 days) almost reached 28.0 million – Bloomberg data pic.twitter.com/wYQoZO2oY6
— Christophe Barraud (@C_Barraud) February 12, 2021
Stock Funds See Biggest Inflows Ever as BofA Warns Top Is Near – Bloomberg
*Link: https://t.co/koGg3Z2zcY pic.twitter.com/aiM1hhOfr0— Christophe Barraud (@C_Barraud) February 12, 2021
#RTY | Ninety-three percent of the #Russell 2000 Index’s component stocks closed Monday above their 200-day moving average, a gauge of price trends, according to data compiled by Bloomberg since 1995.
*The reading exceeded a peak of 92.8% that was set in September 2003. pic.twitter.com/ekzH7PN8Lx— Christophe Barraud (@C_Barraud) February 10, 2021
Everyone is NOT long Equities (continued):
Global Equity flows have reversed just a FIFTH of the record outflows since 2018 (source GS).
1) Similar to when the global economy was recovering from past Major downturns.
2) If history repeats, buyers may just be getting *started*. pic.twitter.com/32TxQ8rXqz
— Macro Charts (@MacroCharts) February 13, 2021
How Are Hedge Funds Positioned Now? Insights From Goldman Prime And UBS https://t.co/mc5xoVEYk3
— zerohedge (@zerohedge) February 10, 2021
Goldman Sachs: some positioning indicators are in stretched territory. pic.twitter.com/NHaBCOZ7kD
— jeroen blokland (@jsblokland) February 11, 2021
When shorts are covered, stocks are being bought
=> helps market push higherWhen shorts are initiated, stocks are being sold
=> helps market push lowerShort interest in the S&P 500 down to a 15-year low. Better not expect much more help from shorts.#shorts #sp500 #investing pic.twitter.com/9OtHkL2iph
— Heikki Keskiväli (@hkeskiva) February 13, 2021
Warren Buffett’s Favorite Valuation Metric Is Ringing an Alarm – Bloomberg
*Link: https://t.co/HrtOLbFqbR pic.twitter.com/Ei4fVUJVgD— Christophe Barraud (@C_Barraud) February 13, 2021