Top 5 Charts of the Day – November 19th 2020

Europe cases peaked pic.twitter.com/tFsXyMtkZb

— zerohedge (@zerohedge) November 19, 2020

Active managers are so bullish they're leveraged long.

Instead of assuming that's a contrarian negative, let's take 30 seconds to check.

The avg return 3 months later was 5%, with the 3 precedents all being higher, so. pic.twitter.com/J8tkTbHKHD

— SentimenTrader (@sentimentrader) November 19, 2020

BCA Research's chart of the week. Stocks-bonds ratio at a critical juncture. pic.twitter.com/6SLlyL77FF

— jeroen blokland (@jsblokland) November 19, 2020

During the last 3 months of 2017, Bitcoin hit a new all-time high once every 3 days, on average.

Since its peak in 2017, Bitcoin has gone 1,069 days without a new high. Longest streak ever was 1,176 days (Dec 2013 to Feb 2017).

Bitcoin is now w/in $2,000 of a new high.$BTC pic.twitter.com/gFSk31RC5D

— Charlie Bilello (@charliebilello) November 19, 2020

Earnings: You can see that the 2020-2021 estimate progression is looking a lot like 2009-2010, the year after the 2009 global financial crisis (GFC) low. pic.twitter.com/JvPUz0DO0X

— Jurrien Timmer (@TimmerFidelity) November 19, 2020