Top 5 Charts of the Day – July 21st 2020

21 July, 2020

Four U.S. #Tech Giants Worth More Than Entire #Japan Market – Bloomberg
*Apple, Microsoft, Amazon and Alphabet Inc. were worth $5.97T as of Monday, versus $5.84T for all Japanese stocks, according to data compiled by Bloomberg.
*More charts: https://t.co/flWYoeto4Y pic.twitter.com/7AnppKntGe
— Christophe Barraud (@C_Barraud) July 21, 2020

The #Nasdaq 100 Index is trading 21% above its average price over the past 100 days – Bloomberg
*That gap is the widest since the dot-com peak in March 2000.
*More charts: https://t.co/MxahCLNl3P pic.twitter.com/z4zaQLMe6e
— Christophe Barraud (@C_Barraud) July 21, 2020

#SPX | The S&P 500 Index closed Monday slightly above where it started the year, and the consensus 12-month price target of analysts is nearly the same as it was as well – Bloomberg pic.twitter.com/9ndz6xJOCX
— Christophe Barraud (@C_Barraud) July 21, 2020

Recent IPOs have seen major outperformance relative to the S&P 500 in the past few months.
Read more in tonight's Closer: https://t.co/OBIJsDEFLC pic.twitter.com/zoeIUlUjJz
— Bespoke (@bespokeinvest) July 20, 2020

Here we go again…
Negative yielding bonds just broke out.
This only adds fuel to the gold & silver fire.
Interest rate suppression while money supply expands.
An explosive mix for precious metals. pic.twitter.com/jV02re97Iu
— Otavio (Tavi) Costa (@TaviCosta) July 21, 2020