The percentage of #SPX component stocks that closed higher than their 200-day moving average hit 94.4%, the highest since Jan. 2010, according to Bloomberg data.
*They were the first to surpass 94% since May 2013 and contrasted with levels as low as 3.2% in Mar. 2020 pic.twitter.com/ymbUkB1uYY— Christophe Barraud (@C_Barraud) April 6, 2021
April is showing the U.S. with good economic news. That's pushed stocks to new records – but bond yields haven't risen so far this month. A look at the forces that could keep yields lower. h/t charts: @Gavekal, @DeutscheBank, @Barclays . https://t.co/useK5e7b7T via @bopinion pic.twitter.com/ZywzzCQ4iU
— John Authers (@johnauthers) April 6, 2021
Here are four charts explaining why President Moon Jae-in's party is projected to lose in crucial Seoul mayoral by-elections tomorrow. In a nutshell, wealth inequality caused by a property bubble is fueling public anger. https://t.co/rVlr6qLtiz pic.twitter.com/HjdarglbHZ
— Sam Kim (@samkimasia) April 6, 2021
Corporate cash remains elevated but companies less willing to use it for capex … spending in that category has continued to decrease over past few decades @SoberLook @FactSet @BankofAmerica pic.twitter.com/H14EphcdHd
— Liz Ann Sonders (@LizAnnSonders) April 6, 2021
Per @OpenTable OpenTable data, TX & FL firmly in positive territory in terms of seated diners (y/y, 5d average); AZ flat while CA & NY still negative (but climbing) pic.twitter.com/zmutHroBdU
— Liz Ann Sonders (@LizAnnSonders) April 6, 2021