21 Aug 2023
48pct of global stocks are BELOW pre-covid levels
Source: BofA
18 Aug 2023
Bonds and stocks are tanking together... Are Chinese banks selling US Treasuries to 'fund' their yuan intervention?
Source: Bloomberg, www.zerohedge.com
18 Aug 2023
There is bearish divergence spotted between the market (SP500) and % of stocks above their 200-day MA
The last occurrence led to significant downside for equities. Source: Game of Trades
16 Aug 2023
China asks some Funds to avoid net equity sales as Markets sink
Chinese authorities asked some investment funds this week to avoid being net sellers of equities, as a rout in the nation’s financial markets deepened. Stock exchanges issued the so-called window guidance to several large mutual fund houses, telling them to refrain for a day from selling more onshore shares.
16 Aug 2023
The AI-hype has driven some stocks valuations to extreme levels
The most emblematic one among large-caps is Nvidia with a P/E ratio which went from under 50x to 224x in just 8 months. Source: Game of Trades
16 Aug 2023
US stock market current mood in one picture
Source: Heisenberg - Mr_Derivatives
15 Aug 2023
BofA’s private clients have been dumping growth stocks while loading on Japan equities
Source: The Daily Shot, BofA
14 Aug 2023
The power of compounding: What a difference 2% make!
Source: Michel A.Arouet, BofA
