— Christophe Barraud🛢 (@C_Barraud) December 11, 2020
Could this be the 2021 playbook:
A double-dip US recession?
The S&P 500 has been tracking this period closely.
Back then, a strong rally took place off the March ‘80 lows before peaking 8M later in Nov.
At today’s record valuations & very bullish sentiment, food for thought. pic.twitter.com/lPDl6jJ8OM
— Julien Bittel, CFA (@BittelJulien) December 11, 2020
why stock prices could go higher pic.twitter.com/SEE1YHTW0I
— Sam Ro 📈 (@SamRo) December 11, 2020
Wow, $ARKK volume likely to hit $1b today, that's top 1% among ETFs, an insane number for a stock picking active strategy ETF. For context, that's more volume than Johnson & Johnson, Home Depot etc. This ETF (now $15b in aum up from <$2b on Jan 1) never ceases to amaze.. pic.twitter.com/kTuMY7Dxu3
— Eric Balchunas (@EricBalchunas) December 9, 2020
Closing the week with a special update on Gold:
Daily Sentiment still near capitulation – now the 50dma has turned up, while price tightens at 2011 highs.
Every year since 2013, Gold started a huge rally from similar conditions – could be ready to go… watching closely.
— Macro Charts (@MacroCharts) December 11, 2020