Top 5 Charts of the Day – March 11th 2021

#Russell3000 | For the index’s 5 most-shorted Cos, the amount of stock borrowed and sold averaged 87.7% of the float at the end of last year, according to data compiled by Bloomberg.
*The average fell to 36.1% in mid-February and stood at 36.2% when the month ended. pic.twitter.com/acJL5gqEz9

— Christophe Barraud (@C_Barraud) March 11, 2021

Thoughts on Nasdaq:

*Breadth recently hit the 21st most oversold day ever
*McClellan Oscillator was at bottom 0.37% of readings in two decades
*Never got this oversold in 2000-03
*Spikes were usually seen near the lows of Major panics

Maybe the "wall of worry" has been rebuilt. pic.twitter.com/jiuED3E4Q9

— Macro Charts (@MacroCharts) March 11, 2021

The 6 FANMAG stocks went from 14% of SPX earnings in 2019 to 25% in 2020. That's probably going to partially reverse in 2021. Median FANMAG est. is +19% (great in a normal year!) vs. +44% for SPX.
Growth's EPS tailwind in 2020 is a headwind in 2021. pic.twitter.com/3TXLYB4SgJ

— Ed Clissold (@edclissold) March 10, 2021

Gundlach: "based on ISM Prices Paid, one could plausibly predict headline inflation rising above 4%" pic.twitter.com/rVhffCA09k

— zerohedge (@zerohedge) March 9, 2021

Anatomy Of Nasdaq 100 Drawdowns & Investor Psychology https://t.co/fmEvuaYSC8

— zerohedge (@zerohedge) March 11, 2021