Top 5 Charts of the Day – February 2nd 2021

#Tin | Spot prices of the metal used for solder and packaging are now more than $1,000 a ton more costly than three-month futures in London, suggesting rising demand for near-term supplies – Bloomberg pic.twitter.com/FhdLnSp6yy

— Christophe Barraud (@C_Barraud) February 2, 2021

r/wallstreetbets chartbeat goin bananas pic.twitter.com/J3yzJnfJWs

— Sam Ro (@SamRo) February 2, 2021

Each time folks get a stimulus check, there's a clear bump on new retail investing.

Retail inflow has been the most significant indicator of performance. And more and more is going to #crypto. pic.twitter.com/uesfxHcchC

— Mira Christanto (@asiahodl) February 1, 2021

Lofty valuations persist … as of end of January, 47% of S&P 500 stocks had forward P/E > 20; slightly off recent peak in December but still higher than any level during dotcom era pic.twitter.com/eeeI7OzMIp

— Liz Ann Sonders (@LizAnnSonders) February 2, 2021

Excellent analysis of historic $VIX spikes via JPM:

"When the VIX sees a spike such as last week's, the market has been up 100% of the time over the next 1M and 6M outside of recessions."

Note the *significant* positive returns on all time frames – and the 12M median at +15.8%. pic.twitter.com/IH2x2clRBA

— Macro Charts (@MacroCharts) February 2, 2021