Top 5 Charts of the Day – February 25th 2021
U.S. stocks are taking the increase in Treasury yields in stride amid an improving economic outlook – Bloomberg
*The correlation between the S&P 500 Index and the generic 10-year government note remains positive. pic.twitter.com/82WF2n6ynA— Christophe Barraud (@C_Barraud) February 25, 2021
The spread between 30- and 5-year Treasuries has retraced half of the near-decade long flattening it experienced from 2010 – Bloomberg pic.twitter.com/bGd3jsGj7J
— Christophe Barraud (@C_Barraud) February 25, 2021
Commodity prices are on track for the best month in 10 years (and a ninth monthly gain in the last 10). pic.twitter.com/uTnTodAkzY
— David Ingles (@DavidInglesTV) February 25, 2021
The share of new home inventories that are available for sale but not yet started is at a record and continuing to rocket higher.
Read more in tonight's Closer: https://t.co/PwauVoY3TZ pic.twitter.com/d6p3CZYUjU— Bespoke (@bespokeinvest) February 24, 2021
NASDAQ 100 vs. Russell 2000.
The ratio is down 25% in relative terms since the peak in September 2020.
The last time we saw a 25% relative decline off 12-month rolling highs was in November 2000.
Back then, it was still rather early days in the bursting of the dotcom bubble. https://t.co/yv6rFzFpVJ pic.twitter.com/WeKnxx9lot
— Julien Bittel, CFA (@BittelJulien) February 25, 2021