Top 5 Charts of the Day – January 12th 2021

12 January, 2021

#XBT #BTC | #Bitcoin’s Slide Dents Price Momentum That Dwarfed Everything – Bloomberg
*Link: https://t.co/s0KlHZ3sCw pic.twitter.com/kncVkrGVi6
— Christophe Barraud (@C_Barraud) January 12, 2021

Record net buying of #HongKong shares through the #Shanghai and #Shenzhen stock connect system could be a warning signal the Hang Seng Index is close to a near term peak – Bloomberg pic.twitter.com/utKe3BUYCe
— Christophe Barraud (@C_Barraud) January 12, 2021

You don't need a sophisticated model to show that U.S. stocks are untenably expensive, and that behavior is getting crazy. All too much hangs on the bond market – and the curve is the steepest in almost 4 years… https://t.co/ao9WSaSTRJ via @bopinion pic.twitter.com/n7ffdy237D
— John Authers (@johnauthers) January 12, 2021

Very interesting chart by Morgan Stanley. If we take the recent rise in #inflation expectations into account, the equity risk premium looks significantly less attractive than the equity risk premium based on nominal yields. pic.twitter.com/rlYHhjWCXV
— jeroen blokland (@jsblokland) January 12, 2021

Gamma Exposure hit a record yesterday.
If we divide Gamma by the S&P 500's value (to account for the stock market's changing value over time), this is still incredibly high
Historically, the stock market fell over the next 2 months: -7.9%, -7.3%, & -31%
h/t @AndrewThrasher pic.twitter.com/c3baxByxxG
— Troy Bombardia (@bullmarketsco) January 12, 2021