Top 5 Charts of the Day – July 23rd 2020

23 July, 2020

The NYSE #FANG+ Index is on the verge of flashing a sell signal, based on its GTI VERA Convergence Divergence Indicator – Bloomberg
*Link: https://t.co/IrELsdnHP5 pic.twitter.com/n0zy5KYKyQ
— Christophe Barraud (@C_Barraud) July 23, 2020

The Nasdaq has been a 'funk-free' zone since mid-May. https://t.co/ijlI83Psgm pic.twitter.com/6aAZRu2Vl0
— Bespoke (@bespokeinvest) July 23, 2020

Recession-Shocked Savers Rein In Rates With a $20 Trillion Hoard – Bloomberg
*Link: https://t.co/R1RCKFOW4Q pic.twitter.com/b7xejsiy3M
— Christophe Barraud (@C_Barraud) July 23, 2020

Central bank balance sheets rose a lot in Q2 (lhs) & we get many questions on how this Japanification (rhs) impacts the US, Euro zone & global economy. Excited to discuss this with @belaischa, @VMRConstancio, @IMateosylago & @AngelUbide today at 9 am (ET) on our @IIF macro call. pic.twitter.com/vgADG6phxo
— Robin Brooks (@RobinBrooksIIF) July 23, 2020

Spain. Hotel stays in June fall 95% from the previous year. A small improvement from May. July and August will be key to see whether the Tourism industry (14% of GDP) survives. pic.twitter.com/PGUxSbdflg
— Daniel Lacalle (@dlacalle_IA) July 23, 2020