DC Lite #514

"Risk Appetite has continued to climb, rising to the highest level since the summer of 2021"

Author

Daily Chartbook
January 12, 2026

Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.

1. Approval ratings. "Powell has the highest approval rating of any 'political leader' in the country."

2. Equity positioning. "Positioning in Mega-Cap Growth (MCG) & Tech has continued to drift lower but remains moderately overweight. That in other cyclical sectors meanwhile has been rising but is still below neutral."

3. Hedge funds vs. Semis. "Gross and Net allocations to Semis & Semi Equipment (as a % of total Global exposure) continue to hover around the highest levels on our record (since 2016)."

4. Risk Appetite Ratio. "Risk Appetite has continued to climb, rising to the highest level since the summer of 2021. The Average increased 6 points with strength coming from Home Construction stocks and small caps while international markets pulled back slightly."

5. Uptrends. "Over 50% of the S&P 500 stocks are in strong uptrends."

ICYMI

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DC Lite #512

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DC Lite #510

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DC Lite #509

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