It doesn't get any better than this.
-Janet Yellen is back.
-Fed's balance sheet turning up again.
-Negative yielding bonds at new highs.And, in the meantime……
The headlines are calling for the end of the bull market in gold.
It’s time to accumulate before the breakout. pic.twitter.com/jE52fA5G9b
— Otavio (Tavi) Costa (@TaviCosta) November 24, 2020
Investors still jumping back into equities & dialing back bond exposure, as per flow data @DataArbor pic.twitter.com/qvVTA3frdc
— Liz Ann Sonders (@LizAnnSonders) November 23, 2020
Optimism over #COVID19 & vaccines has never been this euphoric among @Twitter fintwit crowd tracked by @DataArbor … even perma-bears have turned confident pic.twitter.com/Jq6BCBz1dK
— Liz Ann Sonders (@LizAnnSonders) November 24, 2020
$SPX Daily Sentiment 50dma has turned up.
This is a Major *potential* positive development and could lead to a year-end extension rally.
In 33 years of data history, 31 years had a similar year-end rally – and note this one looks almost identical to 2019 so far. pic.twitter.com/vpC8FqMyJ1
— Macro Charts (@MacroCharts) November 24, 2020
Manufacturing divergence. pic.twitter.com/KUIvsLDnFL
— Frederik Ducrozet (@fwred) November 24, 2020