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

Unaffordable.

Households feeling as poor as in the Great Recession.

The wealth gap is only deteriorating.

40M unemployed.

No incentive to go back to work.
No work to go back to.

Wait until the unemployment insurance program expires. pic.twitter.com/GrY1ziHpVE

— Otavio (Tavi) Costa (@TaviCosta) June 5, 2020

umm… pic.twitter.com/mvKa3fZiXw

— SentimenTrader (@sentimentrader) June 5, 2020

#Gold | The amount of the precious metal held in bullion-backed #ETFs tracked by Bloomberg has fallen for the first time in 30 trading days, bringing to an end one of the longest stretches of consecutive daily increases on record. pic.twitter.com/bwPI3ZKvv9

— Christophe Barraud???? (@C_Barraud) June 5, 2020

A record number of S&P 500 stocks trading above their 50DMA with very low levels of downside protection. What could possibly go wrong… pic.twitter.com/ymUTCENheP

— Julien Bittel, CFA (@BittelJulien) June 5, 2020

9 days of higher highs in EUR/USD.

If we get another high in the monday session, it would be the first streak of 10 higher/highs since October-2010 pic.twitter.com/NwRDuZ2FbM

— AndreasStenoLarsen (@AndreasSteno) June 5, 2020