Top 5 Charts of the Day – June 16th, 2020

It turns out Robinhood investors timed the market well, and they also pick stocks well. But I still suspect this will end with the poor snatching losses for themselves that would otherwise have been suffered by the rich. https://t.co/5fzGpYjKYc via @bopinion pic.twitter.com/Vh1dVwRWAs

— John Authers (@johnauthers) June 16, 2020

BAML FMS Hedge Fund Exposure to the Equity Market…the chase is on. pic.twitter.com/S1JsqfWRGN

— LongConvexity (@LONGCONVEXITY) June 16, 2020

Pain trade is still up: Record net 78% of investors in BoAML Fund Manager Survey say stock market is "overvalued." Most since start of the series in 1998. pic.twitter.com/ckhhk73nmc

— Holger Zschaepitz (@Schuldensuehner) June 16, 2020

The @sentimentrader tech stocks Optimism Index's 50 day average is at its highest since… oh wait… January 2000

We all know how the next year played out for stocks (and tech in particular) pic.twitter.com/2Ky4ErAt6J

— Troy Bombardia (@bullmarketsco) June 16, 2020

A record breaking 56% of S&P 500 stocks are on a MACD sell signal now! pic.twitter.com/3cTCIKXXpK

— SentimenTrader (@sentimentrader) June 16, 2020