Time Event Estimate Date Act.vs. Est. S&P
9:45 Markit Manufacturing 56.3 12/16 0.7 0.18
10:00 Construction Spend 1.0 12/1 0.5 1.13
Last Report
Time Event Estimate Date Est Act. Diff. S&P Best Worst
8:30 Initial Claims 830 12/23 880 803 -77 0.07 Ener R. Est
8:30 Continuing Claims 5390 12/23 5560 5337 -223 0.07 Ener R. Est
10:30 EIA Natural Gas Stockpiles (-129)
Last Report
Upgrades
Ticker Firm From To
None
Downgrades
Ticker Firm From To
None
Initiations/Reiterations
Ticker Firm Action Rating
AIRC JP Morgan Initiated Neutral
GOOGL Baird Reiterated Outperf
- Futures Flat Heading Into Last Trading Day of Year.
- Japan Says it Will Consider a State of Emergency as Cases Surge.
Trading Up ($):
MSTR (12.23), TSLA (9.19), CELH (5.5), GOOGL (3.48), AXSM (2.74), ENPH (2.28)
Trading Down ($):
CPRI (-2.2), NETE (-1.55), ABNB (-1.02), AI (-0.99), FUBO (-0.97), SNOW (-0.67)-0.50
-0.40
-0.30
-0.20
-0.10
0.00
0.10
0.20
0.30
16:00 18:00 20:00 22:00 0:00 2:00 4:00 6:00 8:00
Pe
rce
nt
Ch
ange
Asia Opens
Europe Opens
Today’s Events
Stock Specific News of Note
Noteworthy Macro EventsOther MarketsOvernight Trading
Tomorrow
Overnight Trading
Analyst Actions
Indicators/EventsMarket Timing Model
© Copyright 2020, Bespoke Investment Group, LLC. The information herein was obtained fromsources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee itsaccuracy. Neither the information, nor any opinions expressed, constitute a solicitation of thepurchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is notresponsible for any losses incurred from any use of this information.
Earnings Reports
Economic Indicators & Events
BespokePremium.com
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Ticker News
AAPL Removes 39K game apps from App store in China to comply with government regulations.
AXSM Reports positive results from Phase 3 trial of migraine treatment.
AZN Submits data package to EU agency to support application for COVID vaccine.
IPI Company says that fertilizer market has shown improvement in recent weeks.
TPCO Alden Capital will offer to acquire remaining shares of company for $14.25 per share.
Bearish Bullish
Category One Week Two Weeks One Month
Sentiment 0.10 0.26 0.66
Technicals 0.08 0.14 0.45
Fundamental 0.17 0.37 0.57
Overall 0.10 0.21 0.59
Average (all days) 0.15 0.30 0.61
Expected S&P 500 Return (%)
Neutral
Index Changes
Ticker Date TOD EPS Revs.
CALM 1/4/20 AM -0.06 337
SINA 1/4/20 AM 0.77 560
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
1/0/1900 1/0/00 0 0.00 0
Estimate
10:00 Fed's Evans Speaks About Economy and Fed Policy
10:00 Fed's Bostic Speaks on Economy
12:15 Fed's Mester Speals at AEA Meeting
ORI 1.00 CSCO 0.36
RJF 0.39 DOC 0.23
DG 0.36
Conferences & Meetings
Dividends & Splits
ENPH Will replace TIF in the S&P 500 effective 1/7.
CPRI Will replace ENPH in the S&P 400 effective 1/7.
CELH Will replace CPRI in the S&P 600 effective 1/7.
BRKS Will replace WPX in the S&P 400 effective 1/7.
ELF Will replace BRKS in the S&P 600 effective 1/7.
h Closed %
h 1.9
h Closed
i -1.3
Oil 47.94 i -$0.5
Gold 1897.4 h $4.0
$/Euro 0.815 h 0.00
$/Yen 103.08 i -0.1
Bitcoin 28,861 i -46
10-Yr 0.92 h 0.00
Japan
China
Germany
UK
Commodity Current 1 Wk Ago
$/Euro OS OS
$/Yen OS OS
2-Year OB OB
10-Year N N
Gold N N
Silver OB OB
Copper OB OB
Crude Oil OB OB
Heating Oil OB OB
Gasoline OB OB
Natural Gas OS N
OS N OB
Ticker Price
SRE 125.82 -1.12 0.90 59.8
AEE 76.97 -1.06 0.80 60.5
Standard Deviations
Below 50-Day Avg
Avg % Return
(One Week)
Percent of
Time Positive
Ticker Price
NRG 36.36 2.60 -0.36 45.8
Standard Deviations
Above 50-Day Avg
Avg % Return
(One Week)
Percent of
Time Positive
-0.40
-0.35
-0.30
-0.25
-0.20
-0.15
-0.10
-0.05
0.00
0.05
0.10
Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20
Bonds Outperforming Stocks
Stocks Outperforming Bonds
Ticker % Chg. Occ. Chg. Percent Up Chg. Percent Up
BCOR 9.4 28 -0.6 46.4 -0.4 53.6
CATO 9.2 27 0.0 55.6 0.1 51.9
CUTR 9.0 51 -0.1 49.0 -1.3 52.9
ENDP 8.6 78 0.6 51.3 -0.4 47.4
BNED -11.2 17 2.0 52.9 -2.4 47.1
GCI -9.1 63 -0.3 49.2 -0.6 47.6
BGS -6.6 26 0.7 57.7 4.7 65.4
SCVL -5.4 38 -0.3 36.8 2.3 44.7
Average Return (%)
Next Day Next Week
Index/Sector Current 1 Wk Ago
S&P 500 OB OB
Cons Discret. OB N
Cons Staples N N
Energy N N
Financials OB N
Health Care N N
Industrials N N
Materials OB N
Technology OB OB
Comm. Svcs N N
Utilities N OS
OS N OB
S&P 500 50-Day Moving Average Spread S&P 500 Internals Yesterday’s Movers
Relative Strength of Stocks versus Bonds
S&P 500 Overbought and Oversold Stocks (Percentage) Trading Ranges: Sectors
Trading Ranges: Bonds/Commodities
S&P 500 Overbought Stocks Most Likely to Fall
S&P 500 Oversold Stocks Most Likely to Rise
Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20
Extreme Overbought
Overbought
Oversold
Extreme Oversold
5.4
32.8
0
10
20
30
40
50
60
70
80
90
100
Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20
Green indicates percentage of oversold stocks, and red indicates percentage of overbought stocks.
OBOS
Indicator Change50-Day Moving Avg Spread h 4.3 % 3.7 %10-Day A/D Line i -27 294# of Overbought Stocks h 164 162# of Oversold Stocks i 27 43
P/E Ratio Trailing h 29.75 28.95 Forward h 26.91 26.24
Dividend Yield i 1.59 % 1.63 %
Net Earnings Revisions 21.5 % 21.5 %
Credit Spreads (bps)High Yield 0 418 418Corporate Bonds 0 107 107
Current One Week Ago
© Copyright 2020, Bespoke Investment Group, LLC. The information herein was obtained fromsources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee itsaccuracy. Neither the information, nor any opinions expressed, constitute a solicitation of thepurchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is notresponsible for any losses incurred from any use of this information.
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For an explanation of the first two pages of this report, please click here.
BBG US Dollar Index: Last Six Months
BBG US Dollar Index: Last 15 Trading Days
1100
1120
1140
1160
1180
1200
1220
1240
7/6 8/3 8/31 9/28 10/26 11/23 12/21
1100
1120
1140
1160
1180
1200
1220
1240
7/6 8/3 8/31 9/28 10/26 11/23 12/21
50-DMA: 1144
200-DMA: 1192
1118
1120
1122
1124
1126
1128
1130
1132
1134
1136
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
1119
Gold Future: Last Six Months
Gold Front Month Future: Last 15 Trading Days
1550
1650
1750
1850
1950
2050
2150
7/1 7/30 8/27 9/25 10/23 11/20 12/21
1550
1650
1750
1850
1950
2050
2150
7/1 7/30 8/27 9/25 10/23 11/20 12/21
1820
1830
1840
1850
1860
1870
1880
1890
1900
1910
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
200-DMA: 1834
50-DMA: 1876
1903
S&P 500: Last Six Months
S&P 500: Last 15 Trading Days
2900
3025
3150
3275
3400
3525
3650
3775
7/1 7/30 8/27 9/25 10/23 11/20 12/21
2900
3025
3150
3275
3400
3525
3650
3775
7/1 7/30 8/27 9/25 10/23 11/20 12/21
3620
3640
3660
3680
3700
3720
3740
3760
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
200-DMA: 3228
50-DMA: 3579
3732
Russell 2000: Last Six Months
Russell 2000: Last 15 Trading Days
1300
1400
1500
1600
1700
1800
1900
2000
2100
7/1 7/30 8/27 9/25 10/23 11/20 12/21
200-DMA: 1508
1880
1900
1920
1940
1960
1980
2000
2020
2040
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
50-DMA: 1796
1980
Nasdaq Composite: Last Six Months
Nasdaq Composite: Last 15 Trading Days
9300
9800
10300
10800
11300
11800
12300
12800
13300
7/1 7/30 8/27 9/25 10/23 11/20 12/21
9300
9800
10300
10800
11300
11800
12300
12800
13300
7/1 7/30 8/27 9/25 10/23 11/20 12/21
50-DMA: 12051
200-DMA: 10489
12200
12300
12400
12500
12600
12700
12800
12900
13000
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
12870
Oil Future: Last Six Months
Oil Future: Last 15 Trading Days
7/1 7/30 8/27 9/25 10/23 11/20 12/21
32
34
36
38
40
42
44
46
48
50
7/1 7/30 8/27 9/25 10/23 11/20 12/21
200-DMA: 36
44.5
45.0
45.5
46.0
46.5
47.0
47.5
48.0
48.5
49.0
49.5
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
50-DMA: 43
48.36
© Copyright 2020, Bespoke Investment Group, LLC. The information herein was obtained fromsources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee itsaccuracy. Neither the information, nor any opinions expressed, constitute a solicitation of thepurchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is notresponsible for any losses incurred from any use of this information.
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DJ Transports: Last Six Months
DJ Transports: Last 15 Trading Days
8300
8800
9300
9800
10300
10800
11300
11800
12300
12800
13300
7/1 7/30 8/27 9/25 10/23 11/20 12/21
8300
8800
9300
9800
10300
10800
11300
11800
12300
12800
13300
7/1 7/30 8/27 9/25 10/23 11/20 12/21
200-DMA: 10244
12250
12350
12450
12550
12650
12750
12850
12950
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
50-DMA: 12188
12459
Long Bond Future: Last Six Months
Long Bond Future Intraday: Last 15 Trading Days
170
172
174
176
178
180
182
184
7/7 8/4 9/1 9/30 10/28 11/25 12/24
170
172
174
176
178
180
182
184
7/7 8/4 9/1 9/30 10/28 11/25 12/24
200-DMA: 177
171.5
172.0
172.5
173.0
173.5
174.0
174.5
12/9 12/11 12/15 12/17 12/21 12/23 12/28 12/30
50-DMA: 173
172.84
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sources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee its
accuracy. Neither the information, nor any opinions expressed, constitute a solicitation of the
purchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is not
responsible for any losses incurred from any use of this information.
4
Morning Commentary Overview: The USD is closing out the year at new lows, down 5.8% in 2020, while commodities are fin-
ishing all over the place: ag had its best year since 2010 with 15.8% total returns, precious metals deliv-
ered 26% total returns, and industrial metals offered investors 16.3% total returns...but Energy cost
futures buyers dearly, with –43.3% total returns. Rates stable, and stocks are in the middle of their ses-
sion range with both large and small caps priced to drop 5 bps at the open. Global Economic Scorecard
APAC Markets: The last day of trading in APAC for 2020 was generally positive. Japanese markets were
closed, leaving room for another 1.9% gain for onshore Chinese large caps and a similar move for Kore-
an equities. Those two markets are among the best-performers in the world this year, and both have
strong currency performances as well. Iron ore was little-changed, and copper dropped for a third day
running.
Europe Markets: It’s an underwhelming day for European markets to close the year as only six of 20
groups higher; breadth is 5:1 negative but closed markets in Italy, Sweden, Switzerland, and a few oth-
ers are keeping things especially quiet. Momentum factors are outperforming while dividend yield fac-
tors are lagging on the day. The worst-performer is British Air/Iberia conglomerate International Con-
solidated Travel Group (ADR ICAGY) while spirits maker Remy Cointreau (ADR REMYY) is down the
most in 7 months on no news as buyers reject the recent test of 52-week highs in that name. Liquid
rates remain quiet with rates and curves in the middle of their recent range, sovereign spreads at or
near decade lows outside of Italy, and credit indices edging wider in spread on the day. EURUSD is
pausing after a new 52-week high yesterday,
Global Equity Performance YTD: Below we show major equity index performance this year. In USD
terms, the best performance can be found in tech-heavy indices like the Nasdaq or the Shenzhen com-
posite (onshore China). Koreas, Taiwan, and Japan. European stocks lagged, along with select EM indi-
ces like Brazil and Singapore.
US Calendar: Initial jobless claims and Bloomberg Consumer Comfort data are both due today, but oth-
erwise it should be a very quiet session. That said, over the last couple of years we’ve seen US equity
volumes run about 10% below YTD averages on the last session of the year, which isn’t actually that big
of a drop. To stay on top of all the latest reports, make sure to check out our Interactive Earnings Cal-
endar. You can also follow US and Global data with our Economic Scorecard.
Global Equity Index Performance, YTD In USD
-40%-30%-20%-10%
0%10%20%30%40%50%60%
For Personal Use Only—Do Not Forward
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sources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee its
accuracy. Neither the information, nor any opinions expressed, constitute a solicitation of the
purchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is not
responsible for any losses incurred from any use of this information.
5
Coronavirus: Hospitalizations made another new high, daily
deaths hit a record, and the positive test rate continues to climb
in the wake of Christmas as shown in the charts below. With vac-
cine rollout continuing (more than 700,000 new first doses were
reported to be administered yesterday), it’s worth starting to
talk about how many people are now immune to the virus either
via previous infection or vaccination; we note that these are cer-
tainly under-estimates because many actual cases are missed. As
shown at right, among the top ten states only two (ND, SD) have
a confirmed positive test count + vaccination level have over
10% of their population immune to new COVID infection. For the
US as a whole, the number is 6.9%.
Morning Commentary
Note: population denominator excludes
states not reporting hospitalization data on a
given date.
US National COVID Tracking Statistics As-Of 12/30/2020
3
5
7
9
11
13
15
17
19
21
23
0
500
1000
1500
2000
25007 Day Average Tests Per Day ('000s)
7d Avg Positive Test Rate
0
500
1000
1500
2000
2500
3000
3500
4000
4500
Deaths Per Day
7 Day Average
0
50
100
150
200
250
New Confirmed Cases ('000s)
7 Day Average
0
50
100
150
200
250
300
350
400
Hospitalization RatePer mm Population
% Population Vaccinated + Previously Positive
13.9313.30
9.92 9.71 9.68 9.669.23 9.20
8.63 8.57
6.85
0
2
4
6
8
10
12
14
16
ND SD RI NE WI TN UT MT IN WY US
For Personal Use Only—Do Not Forward
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sources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee its
accuracy. Neither the information, nor any opinions expressed, constitute a solicitation of the
purchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is not
responsible for any losses incurred from any use of this information.
6
COVID By State: The table below includes a wide range of COVID-19 data points by state, as a refer-
ence. We will update it daily on this page.
Morning Commentary
State
AK 1 -1 229 -102 6,438 -1,545 3.6 1.2 -2.0 313.4 -139.6 8,800.4 -2,112.4
AL 27 -29 3,179 -954 6,985 -3,332 45.5 5.4 -5.9 648.3 -194.6 1,424.6 -679.6
AR 37 -6 2,070 -278 9,744 -2,366 21.2 12.4 -1.9 685.9 -92.2 3,228.7 -784.0
AZ 77 -16 5,602 -691 38,792 -7,377 14.4 10.6 -2.2 769.7 -95.0 5,329.5 -1,013.5
CA 239 -18 36,295 -5,561 307,788 -23,493 11.8 6.1 -0.5 918.6 -140.7 7,789.7 -594.6
CO 41 -4 2,051 -775 30,621 -8,881 6.7 7.1 -0.7 356.2 -134.6 5,317.3 -1,542.3
CT 33 0 1,851 5 30,023 -980 6.2 9.1 -0.1 519.2 1.4 8,421.0 -275.0
DC 4 0 219 -13 6,110 -1,262 3.6 5.9 -0.4 310.1 -18.6 8,657.9 -1,787.8
DE 7 1 623 8 8,400 1,296 7.4 7.2 1.5 639.8 8.1 8,626.6 1,330.9
FL 98 0 9,992 -1,114 91,786 -24,113 10.9 4.5 0.0 465.2 -51.8 4,273.5 -1,122.7
GA 47 5 4,875 -228 31,237 -7,082 15.6 4.4 0.5 459.1 -21.5 2,942.0 -667.0
GU 0 0 7 -5 208 -158 3.5 0.0 -1.7 44.0 -32.8 1,257.7 -955.2
HI 0 -1 103 -35 4,555 -235 2.3 0.0 -0.7 73.0 -24.4 3,217.0 -165.7
IA 22 -23 726 -376 1,912 -1,459 38.0 7.0 -7.2 230.2 -119.1 606.1 -462.6
ID 11 -3 847 -378 1,419 -1,295 59.7 6.4 -1.5 474.0 -211.4 794.0 -724.4
IL 138 -14 5,330 -1,451 69,992 -20,405 7.6 10.9 -1.1 420.6 -114.5 5,523.5 -1,610.3
IN 74 -4 4,068 -1,030 35,824 -10,806 11.4 10.9 -0.6 604.3 -153.0 5,321.3 -1,605.2
KS 33 -3 1,821 -339 5,575 -702 32.7 11.5 -1.0 624.9 -116.5 1,913.8 -240.8
KY 22 -7 2,140 -658 12,416 -4,954 17.2 5.0 -1.5 479.1 -147.2 2,779.1 -1,109.0
LA 32 -10 2,471 -156 19,186 -7,504 12.9 6.8 -2.2 531.5 -33.6 4,127.1 -1,614.3
MA 64 11 4,561 8 64,186 -20,166 7.1 9.3 1.6 656.4 1.1 9,236.1 -2,901.8
MD 40 -3 2,261 -38 36,097 -5,127 6.3 6.6 -0.4 374.0 -6.3 5,970.8 -848.0
ME 3 -3 430 -25 6,271 -931 6.9 2.4 -2.2 319.7 -18.3 4,665.5 -692.9
MI 86 -32 2,882 -780 37,575 -7,490 7.7 8.6 -3.2 288.6 -78.1 3,762.5 -750.0
MN 42 -15 1,513 -788 30,618 -8,089 4.9 7.4 -2.7 268.2 -139.8 5,429.1 -1,434.3
MO 34 -31 2,182 -752 14,961 -3,892 14.6 5.5 -5.1 355.6 -122.6 2,437.6 -634.1
MP 0 0 1 0 1 0 100.0 0.0 0.0 15.5 7.8 15.5 7.8
MS 31 -4 1,819 -279 1,819 -7,136 100.0 10.3 -1.2 611.0 -93.7 611.0 -2,397.6
MT 5 -6 397 -157 2,945 -1,361 13.5 4.8 -5.6 371.3 -147.0 2,755.1 -1,273.1
NC 53 -2 5,474 -617 47,500 -10,951 11.5 5.0 -0.2 521.9 -58.8 4,528.9 -1,044.1
ND 6 -1 211 -80 8,357 3,778 2.5 7.5 -1.7 277.3 -104.6 10,965.7 4,957.2
NE 13 1 780 -287 9,144 -2,297 8.5 6.8 0.7 403.0 -148.1 4,726.9 -1,187.3
NH 9 2 676 -50 6,527 -188 10.4 6.7 1.3 497.0 -36.7 4,800.6 -137.9
NJ 69 3 3,875 -420 50,069 -7,364 7.7 7.8 0.4 436.3 -47.2 5,637.0 -829.1
NM 28 0 1,135 -134 13,260 -234 8.6 13.1 -0.1 541.2 -64.1 6,323.7 -111.5
NV 28 -3 1,805 -462 11,940 -2,204 15.1 9.0 -1.1 585.9 -149.9 3,876.5 -715.5
NY 127 -4 11,244 652 174,939 -20,292 6.4 6.5 -0.2 578.0 33.5 8,992.7 -1,043.1
OH 71 -13 6,561 -2,019 40,348 -12,795 16.3 6.0 -1.1 561.3 -172.7 3,451.7 -1,094.6
OK 24 2 2,536 -899 15,160 -4,753 16.7 6.1 0.5 641.0 -227.2 3,831.2 -1,201.1
OR 9 -11 899 -294 16,368 -4,987 5.5 2.2 -2.6 213.0 -69.7 3,880.9 -1,182.4
PA 176 -6 7,168 -1,659 17,601 -4,827 40.7 13.7 -0.5 559.9 -129.6 1,374.9 -377.0
RI 10 -6 840 4 12,434 -1,965 6.8 9.8 -5.5 793.3 3.5 11,737.7 -1,854.6
SC 32 -1 3,035 -124 25,016 -1,276 12.1 6.1 -0.2 589.5 -24.0 4,858.8 -247.8
SD 11 -2 383 -108 905 -454 42.3 12.1 -2.3 432.8 -122.2 1,022.7 -513.4
TN 61 -40 5,653 -2,484 24,558 -16,166 23.0 9.0 -5.9 827.2 -363.5 3,594.0 -2,365.8
TX 170 -45 14,427 -2,304 91,394 -3,113 15.8 5.9 -1.6 497.6 -79.5 3,152.0 -107.3
UT 9 -6 2,035 -391 10,311 -3,518 19.7 2.7 -1.8 634.7 -122.0 3,216.2 -1,097.3
VA 32 -4 3,602 -240 27,291 -8,405 13.2 3.7 -0.5 422.0 -28.1 3,197.4 -984.7
VI 0 0 9 -9 126 -312 6.8 0.0 0.0 81.7 -84.4 1,198.3 -2,977.9
VT 2 1 85 -11 3,702 -1,344 2.3 3.9 1.1 136.4 -17.2 5,932.6 -2,154.6
WA 34 7 1,851 -103 29,695 4,154 6.2 4.5 0.9 243.1 -13.6 3,899.5 545.5
WI 34 -32 2,255 -928 24,198 -6,047 9.3 5.9 -5.4 387.2 -159.4 4,156.0 -1,038.6
WV 18 -4 1,184 -114 10,171 -327 11.6 9.9 -2.5 660.7 -63.6 5,675.2 -182.5
WY 5 -2 210 -126 2,816 -204 7.5 7.9 -3.2 362.6 -218.4 4,865.6 -352.2
US 2,278 -382 178,477 -30,150 1,587,315 -286,937 11.3 6.9 -1.1 537.8 -90.8 4,782.9 -864.6
Week
Change
COVID-19 Outbreak Statistics By State: Level, Growth, and Per Capita (As-Of 12/30/2020)Raw Count (7 Day Average) 7 Day +ve
Test Rate
(%)
Per 1mm Population
Deaths
Day/Day
Week
Change
Cases
Day/Day
Week
Change
Tests
Day/Day
Week
Change
Deaths
Day/Day
Week
Change
Cases
Day/Day
Week
Change
Tests
Day/Day
For Personal Use Only—Do Not Forward
BespokePremium.com © Copyright 2020, Bespoke Investment Group, LLC. The information herein was obtained from
sources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee its
accuracy. Neither the information, nor any opinions expressed, constitute a solicitation of the
purchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is not
responsible for any losses incurred from any use of this information.
7
Morning Commentary
% of % of
State Trend Peak Cases State Trend Peak Cases
NY Rising 100.0 11244 RI Rising 63.3 1681
SC Falling 93.3 3035 WA Falling 61.3 3703
WV Falling 90.8 1184 KY Falling 61.2 4281
MA Rising 90.8 4561 IN Falling 59.0 8137
ME Falling 90.5 430 TN Falling 58.7 11305
GA Falling 90.3 4875 OR Falling 58.6 1797
NC Falling 89.9 5474 UT Falling 57.4 4069
VA Falling 88.1 3602 MP Rising 54.5 2
LA Falling 87.7 2471 OH Falling 52.4 13122
AR Falling 87.3 2070 ID Falling 51.2 1694
FL Falling 85.5 9992 MO Falling 46.2 4365
MS Falling 82.8 1819 IL Falling 43.0 10660
CA Falling 82.6 36295 NM Falling 42.5 2270
TX Falling 79.7 14427 HI Falling 40.6 207
MD Falling 77.4 2261 CO Falling 40.5 4103
AL Falling 76.9 3179 MI Falling 34.5 5763
NH Falling 76.5 676 NE Falling 32.6 1559
NJ Falling 76.2 3875 AK Falling 32.6 459
DC Falling 76.1 219 WI Falling 32.0 4509
DE Rising 75.4 623 MT Falling 30.7 794
OK Falling 72.9 2536 VI Falling 26.3 17
VT Falling 72.8 85 SD Falling 26.3 766
AZ Falling 72.1 5602 WY Falling 23.5 420
PA Falling 67.8 7168 MN Falling 21.5 3025
CT Rising 66.4 1851 IA Falling 19.0 1453
KS Falling 65.8 1821 ND Falling 14.5 423
NV Falling 65.3 1805 GU Falling 5.7 15
State State
MP Falling 0.0 100.0 FL Rising 1.3 10.9
MS Rising 76.6 100.0 NH Falling -0.5 10.4
ID Rising 14.6 59.7 WI Falling -1.2 9.3
AL Rising 5.5 45.5 NM Falling -0.8 8.6
SD Rising 6.2 42.3 NE Falling -0.8 8.5
PA Rising 1.4 40.7 NJ Rising 0.3 7.7
IA Rising 5.3 38.0 MI Falling -0.5 7.7
KS Falling -1.8 32.7 IL Rising 0.1 7.6
TN Rising 3.0 23.0 WY Falling -3.7 7.5
AR Rising 1.9 21.2 DE Falling -1.2 7.4
UT Rising 2.2 19.7 MA Rising 1.7 7.1
KY Rising 1.1 17.2 ME Rising 0.5 6.9
OK Falling -0.5 16.7 VI Rising 2.8 6.8
OH Rising 0.1 16.3 RI Rising 0.9 6.8
TX Falling -1.9 15.8 CO Falling -0.5 6.7
GA Rising 2.3 15.6 NY Rising 1.0 6.4
NV Falling -0.9 15.1 MD Rising 0.7 6.3
MO Falling -1.0 14.6 WA Falling -1.4 6.2
AZ Rising 0.8 14.4 CT Rising 0.2 6.2
MT Rising 0.6 13.5 OR Falling -0.1 5.5
VA Rising 2.4 13.2 MN Falling -1.0 4.9
LA Rising 3.0 12.9 DC Rising 0.4 3.6
SC Rising 0.1 12.1 AK Falling -0.6 3.6
CA Falling -0.8 11.8 GU Rising 0.0 3.5
WV Falling -0.7 11.6 ND Falling -3.8 2.5
NC Rising 1.1 11.5 VT Rising 0.4 2.3
IN Rising 0.4 11.4 HI Falling -0.6 2.3
State State
NV Falling -0.6 645 MA Rising 9.2 325
AZ Rising 8.7 622 NC Rising 9.7 318
AL Rising 11.0 574 VA Rising 4.7 317
CA Rising 10.7 542 FL Rising 12.7 293
TN Rising 8.3 501 MD Falling -1.1 290
MS Rising 6.2 492 MI Falling -11.3 276
OK Rising 10.9 484 NE Falling -8.7 267
PA Falling -2.9 466 KS Falling -24.4 263
GA Rising 18.5 464 NH Rising 0.3 225
WV Rising 8.1 445 MT Falling -11.2 209
IN Falling -5.8 437 CO Falling -13.9 200
DE Falling -6.4 436 WY Falling -29.8 195
NJ Falling -3.0 420 IA Falling -5.0 194
MO Falling -6.5 414 WI Falling -13.6 184
TX Rising 13.4 414 UT Falling -12.7 168
NY Rising 15.0 406 MN Falling -13.7 164
RI Falling -3.6 402 WA Rising 55.2 158
AR Rising 5.8 389 ID Falling -18.8 157
SC Rising 19.7 389 OR Falling -1.6 135
NM Falling -2.1 378 ME Falling -5.3 132
OH Falling -6.1 377 ND Falling -18.6 126
KY Rising 1.8 374 AK Falling -32.4 103
LA Rising 2.5 369 GU Falling -28.6 91
DC Falling -5.1 340 HI Rising 20.9 57
IL Falling -7.6 335 VT Rising 13.8 53
SD Falling -13.1 331 VI Falling n/a 0
CT Rising 1.0 327 MP Falling n/a 0
Positive Test Rate: Distribution & Trajectory Trend
WoW
Change
Positive
Rate
New Cases Per Day: Distribution & Trajectory New Cases Per Day: Distribution & Trajectory
6 Month COVID-19 Case Count By State: 7 Day Moving Average As-Of 12/30/20
6 Month COVID-19 Positive Test Rate By State/Territory: 7 Day Moving Average As-Of 12/30/20
Positive Test Rate: Distribution & TrajectoryTrend
WoW
Change
Positive
Rate
6 Month COVID-19 Per Capita Hospitalization By State/Territory: 7 Day Moving Average As-Of 12/30/20
Trend
WoW %
Chg
Hospital
Rate Trend
WoW %
Chg
Hospital
RateHospitalization Rate: Distribution & Trajectory Hospitalization Rate: Distribution & Trajectory
For Personal Use Only—Do Not Forward
BespokePremium.com © Copyright 2020, Bespoke Investment Group, LLC. The information herein was obtained from
sources which Bespoke Investment Group, LLC believes to be reliable, but we do not guarantee its
accuracy. Neither the information, nor any opinions expressed, constitute a solicitation of the
purchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is not
responsible for any losses incurred from any use of this information.
8
Morning Commentary Global New Cases Per Day Per mm Population (7d Avg)
0
100
200
300
400
500
600
700
World
Americas Ex US
EU
East Asia
Africa
US
Rest of World
0
20
40
60
80
100
120
World
East Asia
Africa
0
50
100
150
200
250
Ethiopia
Ghana
Kenya
Nigeria
South Africa
0
100
200
300
400
500
600
700
Canada
Brazil
Chile
Mexico
US
0
100
200
300
400
500
600
700
800
900
1000
FranceGermanyItalySpainUnited KingdomSweden
0
20
40
60
80
100
120
140
160
180
200
China
Japan
South Korea
Singapore
