DC Lite #43

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.

1. Financial conditions. "The easing in financial conditions over the past two months was the fastest in history."

2. Crude seasonality. "Typically, oil experiences the formation of an up trend early in the year that strengthens in the second quarter and then tapers off by Q4."

See: Thrasher Analytics Substack

3. Gold vs. USTs. "For the first time in 45 years, US Treasuries now have higher downside volatility than gold."

4. Nasdaq spec positioning. "Nasdaq CFTC net speculative positioning at all-time highs."

5. Triple Momentum. And finally, Triple Momentum—which is an amalgamation of Earnings, Price, and News momentum—is currently strongest for Software, Infrastructure, and Banks.

Thanks for reading!