Top
Statistical Data and Charts of Interest (08 June 2020) – UnumCapital
fade
13764
post-template-default,single,single-post,postid-13764,single-format-standard,eltd-core-1.2.1,tribe-no-js,flow-ver-1.6.3,,eltd-smooth-page-transitions,ajax,eltd-blog-installed,page-template-blog-standard,eltd-header-standard,eltd-fixed-on-scroll,eltd-default-mobile-header,eltd-sticky-up-mobile-header,eltd-dropdown-default,wpb-js-composer js-comp-ver-6.0.5,vc_responsive,elementor-default

Statistical Data and Charts of Interest (08 June 2020)

Statistical Data and Charts of Interest (08 June 2020)

JSE 5-Day Sector Performance

https://www.tradingview.com/x/G6yQxsE2/

Relative Strength Index (RSI) Readings


Weekly Performers


Charts Of Interest

The following are charts/data and commentary that have crossed my screen.

GS: The risk to equities from higher corporate tax rates

Presumptive Democratic nominee and former Vice President Joe Biden has proposed partially reversing the 2017 TCJA.According to the Tax Foundation the former Vice President’s plan would raise the statutory federal tax rate on domestic income from 21% to 28%, reversing half of the cut from 35% to 21% instituted by the TCJA. If enacted, this tax reform would reduce our S&P 500 earnings estimate for 2021 by roughly $20 per share, from $170 to $150″

GS: The risk to equities from higher corporate tax rates

Summer of teenage discontent

“But maybe they can become entrepreneurs instead. Tap into that Cash Mountain and raise a seed round and build stuff….Like go from zero to one….”

Summer of teenage discontent

Cyclical premium the highest it has been in a long time.

Cyclical premium the highest it has been in a long time

THE V surprise – Citi economic surprise index

We have never seen it this “crazy”.

THE V surprise - Citi economic surprise index

The V in earnings sentiment

Not Trump Rocket style, but still…

It worked again: buy them all when earnings sentiment troughs…

The V in earnings sentiment

Lester Davids

Lester joined Unum Capital in July 2016 and is a Trading Desk Analyst focusing on local (JSE) and global multi-asset class technical strategy and research which includes idea generation.

No Comments

Post a Comment