Top 5 Charts of the Day – December 15th 2020

Bank of America Flags Sell Signal for Stocks as Investors Rush Out of Cash – Bloomberg
*Link: https://t.co/nofjzy6MZ9 pic.twitter.com/eLp7bUTZTX

— Christophe Barraud (@C_Barraud) December 15, 2020

This is fine pic.twitter.com/sOsh2QNQgP

— zerohedge (@zerohedge) December 15, 2020

For the first time since March ‘15, my composite US equity valuation score is above the 95th %ile of its historical distribution since 1980.

This has only happened 7X in 40Y & here are the fwd S&P 500 returns.

Today, the index is at its highest lvl since Oct ‘07 – v. stretched. pic.twitter.com/38OXT7cFoQ

— Julien Bittel, CFA (@BittelJulien) December 15, 2020

Tech speculation has taken a huge hit (updated from Nov 19).$AAPL Call activity has collapsed to the lowest since Aug 2019 – down 80% from this year's peak.

This is the largest Stock in the market – tightening near the top of a 3-month range… and speculators have moved on. pic.twitter.com/6iwho9BqFC

— Macro Charts (@MacroCharts) December 15, 2020

US county #COVID19 hospitalizations. Circle size=county population. Circle color=% hospital beds occupied by Covid patients. #MI #OH #IL/#Chicago clusters of 15-20% & up. #FL hospitalizations 15% & under. #PA #NY #NJ clusters as does Southern #CA. @DrEricDing @C_Barraud pic.twitter.com/1B2fICT6wv

— Exante Data (@ExanteData) December 15, 2020