Notice anything different? Welcome back to Fireside Charts from BCM's Bird's Eye View Blog! We may have renamed our dedicated chart posts, but don't fret! All the insightful and informative chart data is still included.
In today's post, momentum outperforms the rest of its factor counterparts as Q1 earnings barely affected Q2 estimates. The U.S. dollar did end up breaking to the upside as we speculated last week. Economic indicators such as bank lending and manufacturing are showing healthy signs, with more insights on gold, commodities and the S&P indices.
1. Low volatility continues to underperform even as volatility picks up!
Source: SSGA; As of 5/4/18
2. Houston, do we have a problem?
Source: SSGA; As of 5/1/18
3. Small Caps have quietly taken the lead.
Source: Thechartstore.com; As of 5/3/18
4. As unemployment continues to decline...
Source: WSJ Daily Shot; As of 5/7/18
5. Two indicators of economic health...banks are lending more and rail transport is near recent highs.
Source: WSJ Daily Shot; As of 5/7/18
6. If Greece can pay off or refinance it's 2018 and 2019 principle due, they are "out of the woods" for awhile.
Source: WSJ Daily Shot; As of 5/7/18
7. Increasing and flattening...
Source: Thechartstore.com; As of 5/4/18
8. Close but no cigar...the yield came within 0.01% of the previous high...
Source: Thechartstore.com; As of 5/4/18
9. Update on the USD... broke out to the upside.
Source: Thechartstore.com; As of 5/4/18
10. Despite the headwind from the USD, commodities are trying to push higher.
Source: Thechartstore.com; As of 5/4/18
11. The wait is almost over...it has to break out one way or the other...
Source: Thechartstore.com; As of 5/3/18
Disclosure: The charts and info-graphics contained in this blog are typically based on data obtained from 3rd parties and are believed to be accurate. The commentary included is the opinion of the author and subject to change at any time. Any reference to specific securities or investments are for illustrative purposes only and are not intended as investment advice nor are a recommendation to take any action. Individual securities mentioned may be held in client accounts.
