Top 5 Charts of the Day – December 22nd 2020
#IPO Frenzy Drives Record $435 Billion in U.S. Stock Sales – Bloomberg
*Link: https://t.co/UIDC11WpbJ pic.twitter.com/1Pa30l1CNQ— Christophe Barraud (@C_Barraud) December 22, 2020
Top 6 greater than bottom 372$AAPL $MSFT $AMZN $GOOG $FB $TSLA pic.twitter.com/XRhPF5zMaJ
— George Maroudas (@ChicagoAdvisor) December 21, 2020
FEEDING FRENZY: ARK ETFs saw a combined $2b in volume today for first time. Only 8 ETFs traded more than that, insane bc they avg'd about $40m a day earlier this year, so 45x jump in activity. Good chunk is prob creates, so look for strong close to year in flows. $ARKK $ARKG pic.twitter.com/ICxNPzIcu9
— Eric Balchunas (@EricBalchunas) December 21, 2020
Large bankruptcies not showing many signs of slowing down; 44 total (those with > $50M in liabilities) this quarter, making it worst for period since 2009 (worst Dec since 2011) … several filing for Ch. 11 protection cited pandemic as factor @Bloomberg pic.twitter.com/1N6tYRiTqh
— Liz Ann Sonders (@LizAnnSonders) December 22, 2020
Vacation has been canceled pic.twitter.com/l3MfRFpTYI
— zerohedge (@zerohedge) December 22, 2020