Charts: These Data Points Really Pop

I wanted to take a quick look at some of data points that really stand out. Enjoy!

The key theme of the new highs list: yield.  I wrote about the long term breakout in dividend stocks relative to the S&P 500 during the week. Although the ratio is stretched now, the theme is still set up to outperform through 2016.
 


The IPO market data suggests Biotech was a bubble via Renaissance Capital
 


The stock to bond ratio is clinging to life at crucial support.
 


The consumer ratio has lost its multi-year uptrend.  Can it recover? 
 


We've reached panic levels in oil via Option Pit
 


The IMF expects inflation in Venezuela to be 720% in 2016. 
 


Defense aircraft spending is at a level not seen since 9/11 via @zerohedge
 


Muni Bonds (MUB) have performed as well as any asset over the past three months. The intermediate trend is losing momentum. 
 


A monster executive shakeup at Twitter was just announced

The stock market has been highly correlated to oil prices via SoberLook
 

The Forward P/E of the S&P 500 is 14.9 as we head into the meat of earnings season - FactSet


Jesse Felder notes this is now the worst possible environment for stocks
 


Thanks for reading

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.