DC Lite #79

5 of Monday's best charts and insights

Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights. Upgrade to get all 30 charts.

ICYMI: Today’s Housing Snapshot was the second in a series of themed reports DC will be publishing regularly for paid subscribers moving forward. Check it out here:

1. Crypto asset flows. "Digital asset investment products saw the second largest weekly inflows on record totalling US$1.84bn. Trading volumes in investment products reached a record of over US$30bn for the week."

2. Bull/Bear Indicator. "Goldman's Bull/Bear Market Indicator recently cleared its December 2021 high. It's designed to track the economic fundamentals that drive the equity cycle. Higher levels of the indicator suggest lower future returns and higher risk for global equity markets."

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3. Single stock options. "Single stock option volume in calls (betting on stocks to go up) has recently risen sharply. It’s still nowhere near the heights reached during the meme stock bubble."

4. Equity market bubble gauge. "When I look at the US stock market using these criteria, it...doesn’t look very bubbly. The market as a whole is in mid-range (52nd percentile)."

5. Non-GAAP vs. GAAP. And finally, the median difference between non-GAAP EPS and GAAP EPS reported by DJIA companies is at its largest in 3 years.

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