Top 5 Charts of the Day – March 4th 2021

Tax refunds in 2021 disbursed much slower vs prior years pic.twitter.com/Z5d5WVgKCV

— zerohedge (@zerohedge) March 4, 2021

In addition to a higher revision of last week's number (up 6K to 736K), initial jobless claims were higher this week moving up to 745K. On a state-level, Texas saw the largest week-over-week increase in claims potentially as a result of the winter storms: https://t.co/DRJB8wJnfp pic.twitter.com/bFAVMrankN

— Bespoke (@bespokeinvest) March 4, 2021

The most reliable gains tend to come when fewer than half of stocks are in a correction.

As @AndrewThrasher notes, more big tech stocks are coming off their highs.

Now, almost 60% of $NDX $QQQ stocks are in correction mode. pic.twitter.com/mviLPKlb9n

— SentimenTrader (@sentimentrader) March 4, 2021

Corporate buybacks making comeback @SoberLook @BankofAmerica pic.twitter.com/z5ARS8GU4p

— Liz Ann Sonders (@LizAnnSonders) March 4, 2021

JPM: Clients Are Getting Concerned About Concentration Risk https://t.co/9wI0J4GYYC

— zerohedge (@zerohedge) March 4, 2021