Top 5 Charts of the Day – February 6th 2021

Everyone is NOT long Equities:

Systematic funds are *significantly* underinvested (source: DB).

Critically, Volatility is close to breaking Major support.

A gradual, steady decline in Implied & Realized Vol would turn these funds into massive buyers of Stocks. Be prepared. pic.twitter.com/gGBcZEkVKc

— Macro Charts (@MacroCharts) February 6, 2021

Finally some USD short covering pic.twitter.com/o6qHOMLdqK

— zerohedge (@zerohedge) February 6, 2021

Global Sovereign Bond breadth shows increasingly broad momentum behind the turn up in US treasury yields.

We've seen a similar type of pattern before, and it often ends with a sharp move higher in yieldshttps://t.co/tXS5l8NDkU $BONDS $MACRO $TNX pic.twitter.com/TkBLP62xyr

— Topdown Charts (@topdowncharts) February 6, 2021

The so-called 'Buffett Indicator' has hit an All-Time High. Global stocks now worth equal to 122.4% of global GDP. pic.twitter.com/8rp8C8eD0b

— Holger Zschaepitz (@Schuldensuehner) February 6, 2021

The rise and rise of #FAANGM in one chart! pic.twitter.com/PCiuPiRUd5

— jeroen blokland (@jsblokland) February 6, 2021