FANG Stocks and 200-Day Moving Average How high above the 200-day moving average can FANG stocks get? Should investors be concerned? Image: The Daily Shot

S&P 500 Trailing 4-Quarter EPS Goldman Sachs expects S&P 500 earnings to contract by 21% in 2020, before rebounding by 30% next year and 11% in 2022. Image: Goldman Sachs Global Investment Research

Drawdowns and Nasdaq Net Future Positions of Asset Managers Nasdaq net future positions of asset managers are close to historical highs. Should investors be concerned? Image: Goldman Sachs Global Investment Research

History of Asset Bubbles Past 60-Years This chart puts into perspective the history of asset bubbles over the past 60 years. Image: BCA Research

200-Day Moving Average of FAAMG Stocks Trading at 41% above the 200-day moving average appears stretched, but it’s important not to lose sight of the big picture. Image: BofA Global Investment Strategy

S&P 500 Price Target by the End of 2020 and the Next 12 Months Goldman Sachs maintains its S&P 500 price target to 3600 by the end of 2020, and its 12-month S&P 500 price…

Valuation of Risk Assets (Survey) The results of a survey of 800 global investors show that risk assets are generally viewed as expensive. Image: Deutsche Bank Research

Inflation Expectations vs. Treasury Yields The relationship between Treasury yields and inflation expectations has broken down. Image: Credit Suisse

Funds Flow – Fixed Income and Equities Fixed income funds continue to recover, but equity funds experienced 22 weeks of outflows this year. Image: BofA

Earnings Sentiment (S&P 500 Index and STOXX Europe 600 Index) Earnings sentiment seems to have peak in the United States. Image: Goldman Sachs Global Investment Research

Insiders Sales in U.S. Listed Companies Last month, U.S. executives sold stocks in their own companies as the S&P 500 rallies on. This is the biggest burst of selling since 2015. Image: Financial Times