Just Twelve WTF Charts

Tyler Durden's picture

Sometimes you just have to sit back, gaze at some charts, and say WTF...

 

1. The Dow Transportation Index rallied from Q4 in 2012 and peaked on 3/19; it did the same in 2013...

 

2. The Dow Transportation Index is diverging in 2013, just as it did in 2012...

 

3. Ten-Year Treasury yields have followed the same pattern each year since the crisis started - a modest correction full of hope that the recovery and growth is here followed by a collapse in yields...

 

4. The S&P 500 is tracking almost remarkably tight to 2012's... perfectly normal efficient markets would do this, right?

 

5. And 2012-13's US Macro data has traced a very similar pattern to 2011-12's with the latest little hope spur seeming to fade very rapidly now...

 

6. High Yield credit markets appear to be yelling the same warnings they did in 2011 and 2012...

 

7. Homebuilders have been the backbone of this recovery as a new bubble in housing is blown... which looks remarkably like the last one...

 

8. The omnipotent stock of the recovery - AAPL - appears to be tracing the same path of the omnipotent stock of the late 90s - MSFT...

 

9. The Nikkei 225 has been on a tear. We've seen this kind of hopefulness before... didn't end so well...

 

10. The recovery from the S&P 500's 2009 lows looks intriguingly similar to the recovery off the 2003 lows... it's different this time though

 

11. The Dow's 1930 crash and recovery appears to provide a rather similar 'template' for 2009-2013's crash and recovery...

 

And of course...

12. Bitcoin in all its glory...

 

Charts: Bloomberg and BitCoinCharts