Market Valuations: Do they Still Matter? By NAVA Capital (@NAVACapital)https://t.co/2zozKNKnDr
— Christophe Barraud (@C_Barraud) September 23, 2020
$SPX corrected 10% from its high without ANY real Put/Call spike.
Extremely rare historically:
Bullish mid-90s, 2013
Bearish 1999-2000, 2007Very odd that fear remains so low – particularly considering the massive Call buying into the SEP peak. Still a very complacent market. pic.twitter.com/ooJyGcjjrj
— Macro Charts (@MacroCharts) September 23, 2020
Weak performance for Financials & Energy over past decade has caused weights in S&P 500 to tank—especially when comparing to Tech … 2 groups combined have trailed Tech by ~17%, just a point away from low in March 2000 @Bloomberg
[Past performance no guarantee of future results] pic.twitter.com/HCugVVDIFs— Liz Ann Sonders (@LizAnnSonders) September 23, 2020
Very few people think this is possible but it looks like it’s happening. #USD pic.twitter.com/MvM5i0MFKi
— Julien Bittel, CFA (@BittelJulien) September 23, 2020
'Chinese equity valuations are attractive relative to the rest of the world.' https://t.co/jnVlOCBL3y via @SoberLook pic.twitter.com/KYd0TwJtjs
— Jesse Felder (@jessefelder) September 23, 2020