Time Event Estimate Date Act.vs. Est. S&P
9:00 Case Shiller (Y/Y) 7.0 11/24 1.3 1.62
Last Report
Time Event Estimate Date Est Act. Diff. S&P Best Worst
10:30 Dallas Fed 11.1 11/30 14.3 12.0 -2.3 -0.46 Tech Ener
Last Report
Upgrades
Ticker Firm From To
None
Downgrades
Ticker Firm From To
OCUL Wainwright Buy Neutral
Initiations/Reiterations
Ticker Firm Action Rating
ATVI Truist Reiterated Buy
BABA Baird Reiterated Outperf
FOLD Cantor Initiated Buy
PAE M Stanley Initiated Overwgt
PLAN Needham Reiterated Buy
- Futures Rally After President Trump Signs Stimulus.
Trading Up ($):
MSTR (29.39), AMZN (19.62), CRSP (10.5), LIN (6.46), QS (6.03), MYOV (5.5)
Trading Down ($):
CVAC (-11.55), AIRT (-9.93), LMND (-4.51), NVAX (-4.44), MRNA (-3.99), FUBO (-2.68)0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
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
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Ticker News
BA 737-8 Max test flight forced to make emergency landing in Arizona.
BABA Increases stock buyback program from $6 bln to $10 bln.
CZR Barron's article says stock provides a hedge if Vegas recovery takes longer than expected.
MYOV Announces deal with Pfizer to jointly market Relugolix.
POOL Barron's article says boom in pools will provide demand for maintenance in years ahead.
VAC Mentioned positively in Barron's as most of its properties are drivable.
WB Beat EPS forecasts by 6 cents (0.66 vs 0.60) on stronger revenues; raised guidance.
WH Positive Barron's article says company is positioned to capture leisure customers.
WYNN Highlighted by Barron's as an attractive Las Vegan rebound play.
YELP Barron's says stock should benefit from economic reopening; cites attractive valuation.
Barron's positive on Airlines; says insolvency is no longer a threat.
Bearish Bullish
Category One Week Two Weeks One Month
Sentiment 0.13 0.32 0.54
Technicals 0.12 0.35 0.46
Fundamental 0.15 0.33 0.47
Overall 0.14 0.33 0.49
Average (all days) 0.15 0.30 0.60
Expected S&P 500 Return (%)
Neutral
Index Changes
Ticker Date TOD EPS Revs.
None
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
1/0/1900 1/0/00 0 0.00 0
Estimate
BTU Investor Update
JW/A 0.34
BHE 0.16
Conferences & Meetings
Dividends & Splits
KNSL Will replace TCO in the S&P 400 effective 12/29.
SMPL Will replace KNSL in the S&P 600 effective 12/29.
h 0.7 %
h 0.4
h 1.5
h Closed
Oil 48.48 h $0.5
Gold 1879.7 i -$3.5
$/Euro 0.819 i 0.00
$/Yen 103.62 h 0.2
Bitcoin 27,056 h 2645
10-Yr 0.96 h 0.04
Japan
China
Germany
UK
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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
AEE 76.47 -1.42 1.38 65.0
Standard Deviations
Below 50-Day Avg
Avg % Return
(One Week)
Percent of
Time Positive
Ticker Price
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
ENDP 13.1 21 0.1 57.1 3.0 57.1
UIHC 9.4 32 -3.0 31.3 -2.8 34.4
LCI 4.6 93 0.7 43.0 2.5 48.4
FIS 4.5 15 -3.1 26.7 -3.0 53.3
PRLB -8.4 30 0.9 56.7 1.6 66.7
LQDT -7.3 35 2.0 65.7 2.1 62.9
REGI -6.0 39 2.3 71.8 3.4 66.7
SWN -5.8 79 0.3 57.0 2.2 54.4
Average Return (%)
Next Day Next Week
Index/Sector Current 1 Wk Ago
S&P 500 N OB
Cons Discret. N OB
Cons Staples N OB
Energy N OB
Financials OB OB
Health Care N OB
Industrials N OB
Materials N OB
Technology OB OB
Comm. Svcs N OB
Utilities OS N
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
7.4
34.2
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 i 3.6 % 5.1 %10-Day A/D Line i -27 294# of Overbought Stocks i 171 245# of Oversold Stocks h 37 26
P/E Ratio Trailing h 29.49 29.05 Forward h 26.68 26.33
Dividend Yield i 1.60 % 1.62 %
Net Earnings Revisions 21.5 % 21.5 %
Credit Spreads (bps)High Yield i 403 407Corporate Bonds i 107 111
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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BBG US Dollar Index: Last Six Months
BBG US Dollar Index: Last 15 Trading Days
1100
1120
1140
1160
1180
1200
1220
1240
7/1 7/29 8/26 9/23 10/21 11/18 12/16
1100
1120
1140
1160
1180
1200
1220
1240
7/1 7/29 8/26 9/23 10/21 11/18 12/16
50-DMA: 1147
200-DMA: 1194
1118
1120
1122
1124
1126
1128
1130
1132
1134
1136
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
1126
Gold Future: Last Six Months
Gold Front Month Future: Last 15 Trading Days
1550
1650
1750
1850
1950
2050
2150
6/26 7/27 8/24 9/22 10/20 11/17 12/16
1550
1650
1750
1850
1950
2050
2150
6/26 7/27 8/24 9/22 10/20 11/17 12/16
1820
1830
1840
1850
1860
1870
1880
1890
1900
1910
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
200-DMA: 1828
50-DMA: 1878
1887
S&P 500: Last Six Months
S&P 500: Last 15 Trading Days
2900
3025
3150
3275
3400
3525
3650
3775
6/26 7/27 8/24 9/22 10/20 11/17 12/16
2900
3025
3150
3275
3400
3525
3650
3775
6/26 7/27 8/24 9/22 10/20 11/17 12/16
3620
3640
3660
3680
3700
3720
3740
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
200-DMA: 3210
50-DMA: 3563
3694
Russell 2000: Last Six Months
Russell 2000: Last 15 Trading Days
1300
1400
1500
1600
1700
1800
1900
2000
2100
6/26 7/27 8/24 9/22 10/20 11/17 12/16
200-DMA: 1495
1860
1880
1900
1920
1940
1960
1980
2000
2020
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
50-DMA: 1775
2000
Nasdaq Composite: Last Six Months
Nasdaq Composite: Last 15 Trading Days
9300
9800
10300
10800
11300
11800
12300
12800
13300
6/26 7/27 8/24 9/22 10/20 11/17 12/16
9300
9800
10300
10800
11300
11800
12300
12800
13300
6/26 7/27 8/24 9/22 10/20 11/17 12/16
50-DMA: 11976
200-DMA: 10406
12200
12300
12400
12500
12600
12700
12800
12900
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
12782
Oil Future: Last Six Months
Oil Future: Last 15 Trading Days
6/26 7/27 8/24 9/22 10/20 11/17 12/16
32
34
36
38
40
42
44
46
48
50
6/26 7/27 8/24 9/22 10/20 11/17 12/16
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
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
50-DMA: 43
48.17
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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
6/26 7/27 8/24 9/22 10/20 11/17 12/16
8300
8800
9300
9800
10300
10800
11300
11800
12300
12800
13300
6/26 7/27 8/24 9/22 10/20 11/17 12/16
200-DMA: 10169
12250
12350
12450
12550
12650
12750
12850
12950
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
50-DMA: 12150
12499
Long Bond Future: Last Six Months
Long Bond Future Intraday: Last 15 Trading Days
170
172
174
176
178
180
182
184
7/1 7/30 8/27 9/25 10/23 11/20 12/21
170
172
174
176
178
180
182
184
7/1 7/30 8/27 9/25 10/23 11/20 12/21
200-DMA: 177
171.0
171.5
172.0
172.5
173.0
173.5
174.0
174.5
12/4 12/8 12/10 12/14 12/16 12/18 12/22 12/24
50-DMA: 173
172.72
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purchase or sale of any securities or related instruments. Bespoke Investment Group, LLC is not
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4
Morning Commentary Overview: US large caps are testing record highs as they bounce in response to the signing of the gov-
ernment funding/COVID relief bill last night. Rates are bear-steepening, the dollar is flat amid signs of
thin liquidity in FX (EURUSD dropped 0.5% on no news in the 6:00 AM hour), and commodities are
broadly higher on the day. Global Economic Scorecard
Habemus Consigno: Last night, the President dropped his objections to the combined COVID relief and
government funding bill, retreating from his demands for $2,000 economic impact payments. The de-
lay may result in a gap in unemployment insurance payments for people under the PEUC program
which extends the period that people can stay on the UI rolls, even though technically by entering law
last night the bill keeps them eligible. Since extra benefits of $400 per week for UI claimants rolled off
in July, UI payments by the Treasury have been averaging a bit more than $1.5bn per day (equivalent
to $390bn per year at annual run rates); turning that spigot off for a week may not crush activity, but it
will create headwinds early in Q1 until the effects of re-started “bonus” weekly UI payments and eco-
nomic impact payments to all middle– and lower-income households kick in over the next few weeks.
Market Calendar: While the US is back in business for most of the week (Closed New Year’s Day, early
close for fixed income on Thursday), a range of countries including New Zealand, Australia, and the UK
are shuttered again for Boxing Day. Of course, it’s going to be a pretty quiet week in equity trading: US
total composite equity volume has averaged more than 20% lower volumes between Christmas and
New Years versus that year’s full average over the past decade. If anything, fixed income shuts down
even more aggressively: using 10-year note futures contract volumes as a proxy, activity declines on
average almost 60% versus the annual average during the Christmas-New Years week.
APAC Markets: The Nikkei was flat on Christmas Day and rallied three-quarters of one percent to start
this week, while China’s onshore large caps gained 1.3% over that span and closed at the top of their
recent range, close to a breakout. The rest of the region was also broadly positive to start this week,
but H-shares fell 1.1% in Hong Kong after Alibaba (BABA) spinout Ant Financial was ordered to curtail
lending, insurance, and wealth management businesses by the PBoC. Other Hong Kong-listed tech
names were hit hard: Ali Health (ADR ALBBY), JD Health (ADR JDHIF), Alibaba itself, and Tencent (ADR
TME) all fell at least 6%. Copper is up for a third consecutive session and is near multi-year highs.
Europe Markets: The STOXX 600 gapped up and has kept running today, testing the post-COVID intra-
day highs from December 18th; a close at current levels (session highs) would be a new post-COVID
closing high for the broad European index. Delivery Hero (ADR DLVHF) and Sinch (ADR CLCMF) are
both up over 8% on M&A approvals to lead the index higher, while other strong performers include
airlines, travel names, and renewables plays. Banks are the only group lower on the session, while Con-
sumer Products & Services, Chemicals, Utilities, and Health Care are all up at least 1%. Credit markets
are mixed to slightly lower in spread, while rates are mostly stable.
US Calendar: With Congress headline-watching off the board for the time being and little Fed activity
over the holidays, economic data is all we have to keep things interesting, but today’s data is pretty
limited: just Dallas Fed Manufacturing Activity to look forward to. To stay on top of all the latest re-
ports, make sure to check out our Interactive Earnings Calendar. You can also follow US and Global
data with our Economic Scorecard.
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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: Christmas has brought improved COVID data to the US, though importantly the behavior
looks similar to the Thanksgiving holiday. In both instances, test counts, new case counts, and positive
test rates all fell, but hospitalization rates didn’t take a similar decline. Hospitalization rates have start-
ed to slow down, but are still very high nationally. The good news is that hospitalization rates are con-
tinuing to fall in the Midwest, and case count declines are especially large there. Midwest hospitaliza-
tions have fallen almost 25% from their peak of 433 per million across the region, while new cases are
about half of what they were running at the peak. Finally, deaths per day have plunged in recent days,
but it’s important to note that the drop there is almost certainly a result of reporting delays thanks to
the Christmas holiday rather than a true decline in deaths. It’s very unlikely deaths would uncouple
dramatically from the trend in hospitalization as implied by the drop in deaths relative to stable hospi-
talization in the charts below. At least 1.94mm Americans have received their first vaccine dose.
Morning Commentary
Note: population denominator excludes
states not reporting hospitalization data on a
given date.
US National COVID Tracking Statistics As-Of 12/27/2020
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
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
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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 2 1 267 -115 7,678 48 3.5 3.1 1.6 364.6 -157.8 10,495.4 65.8
AL 43 2 3,311 -521 8,550 -3,943 38.7 8.8 0.4 675.2 -106.2 1,743.8 -804.2
AR 35 -7 1,890 -389 10,195 -1,881 18.5 11.6 -2.2 626.1 -128.8 3,378.4 -623.3
AZ 65 -23 5,820 -631 42,558 -2,432 13.7 8.9 -3.1 799.6 -86.7 5,846.9 -334.1
CA 232 0 38,336 -4,906 337,361 13,135 11.4 5.9 0.0 970.2 -124.2 8,538.1 332.4
CO 36 -23 2,304 -653 37,430 -1,321 6.2 6.2 -3.9 400.1 -113.3 6,499.7 -229.4
CT 30 -1 1,423 -866 25,633 -10,161 5.6 8.4 -0.3 399.1 -242.8 7,189.6 -2,849.9
DC 4 1 229 -18 7,650 359 3.0 6.3 1.8 324.1 -25.5 10,839.1 508.9
DE 5 -2 634 -102 6,844 -2,096 9.3 5.1 -1.6 651.5 -104.9 7,028.0 -2,152.0
FL 93 -11 9,818 -817 104,660 -4,755 9.4 4.3 -0.5 457.1 -38.0 4,872.9 -221.4
GA 44 0 4,874 82 37,052 2,105 13.2 4.1 0.0 459.1 7.7 3,489.7 198.2
GU 0 0 10 -4 277 -97 3.5 1.7 0.9 58.6 -24.1 1,668.9 -584.5
HI 0 -1 115 -30 4,890 6 2.3 0.3 -0.5 81.0 -21.5 3,453.6 4.1
IA 22 -31 779 -354 2,282 -1,262 34.1 7.1 -10.0 247.0 -112.3 723.3 -400.0
ID 11 -4 960 -246 1,693 -1,265 56.7 6.3 -2.2 537.0 -137.4 947.4 -707.6
IL 133 -20 5,363 -1,990 78,727 -15,229 6.8 10.5 -1.6 423.2 -157.0 6,212.7 -1,201.8
IN 63 -23 4,212 -1,348 39,361 -8,230 10.7 9.3 -3.4 625.7 -200.2 5,846.7 -1,222.5
KS 24 -15 1,323 -838 4,485 -1,242 29.5 8.1 -5.1 454.2 -287.8 1,539.6 -426.2
KY 23 -5 2,106 -639 13,103 -8,008 16.1 5.1 -1.0 471.4 -143.1 2,932.8 -1,792.5
LA 36 4 1,940 -565 19,038 -5,988 10.2 7.7 0.8 417.2 -121.5 4,095.3 -1,288.0
MA 56 4 4,172 -535 69,293 -18,020 6.0 8.1 0.5 600.4 -77.0 9,970.9 -2,593.0
MD 38 -10 2,341 33 41,227 3,685 5.7 6.2 -1.6 387.3 5.4 6,819.3 609.6
ME 4 -1 419 -13 6,088 -1,560 6.9 3.3 -0.4 311.8 -9.5 4,528.7 -1,160.9
MI 88 -38 2,896 -1,518 39,948 -11,144 7.2 8.8 -3.8 290.0 -152.0 4,000.0 -1,115.9
MN 42 -16 1,677 -965 36,371 -3,716 4.6 7.5 -2.8 297.4 -171.1 6,449.2 -658.9
MO 54 -7 2,415 -462 16,027 -2,657 15.1 8.7 -1.2 393.6 -75.3 2,611.4 -432.9
MP 0 0 1 1 1 -31 100.0 0.0 0.0 18.1 12.9 18.1 -564.2
MS 28 -2 1,722 -404 8,579 -1,170 20.1 9.5 -0.6 578.6 -135.9 2,882.6 -393.3
MT 8 2 373 -180 3,547 -1,165 10.5 7.9 1.6 348.9 -168.0 3,318.6 -1,090.0
NC 46 -11 5,380 -702 52,873 -5,471 10.2 4.4 -1.0 513.0 -66.9 5,041.2 -521.6
ND 5 -6 204 -106 3,844 -1,043 5.3 6.4 -8.4 267.5 -138.9 5,043.8 -1,368.1
NE 13 -2 846 -258 9,819 -2,157 8.6 6.9 -1.2 437.3 -133.3 5,075.8 -1,115.2
NH 7 0 610 -188 6,651 -540 9.2 5.5 -0.1 448.3 -138.6 4,891.4 -396.9
NJ 62 -1 4,090 -473 51,659 -20,865 7.9 7.0 -0.1 460.5 -53.3 5,816.0 -2,349.0
NM 25 -6 1,139 -317 14,202 -272 8.0 11.9 -2.7 543.3 -151.1 6,773.1 -129.9
NV 24 -10 1,938 -507 14,106 -1,870 13.7 7.9 -3.3 629.1 -164.6 4,579.6 -607.2
NY 130 14 10,586 174 187,191 -6,504 5.7 6.7 0.7 544.2 9.0 9,622.4 -334.3
OH 66 -13 6,817 -1,766 45,589 -10,559 15.0 5.6 -1.1 583.2 -151.1 3,900.2 -903.3
OK 23 1 2,614 -696 19,175 3,255 13.6 5.7 0.4 660.7 -175.8 4,845.9 822.6
OR 12 -14 971 -326 17,383 -7,336 5.6 2.9 -3.4 230.2 -77.3 4,121.3 -1,739.4
PA 155 -39 7,760 -1,368 20,033 -3,415 38.7 12.1 -3.0 606.2 -106.9 1,564.8 -266.7
RI 6 -11 322 -577 5,419 -8,612 5.9 6.1 -10.2 304.0 -544.7 5,115.3 -8,129.0
SC 31 3 3,253 225 29,410 4,069 11.1 6.1 0.7 631.9 43.6 5,712.2 790.3
SD 12 -2 380 -147 1,071 -276 35.5 13.7 -2.7 430.0 -165.7 1,211.1 -311.5
TN 63 -24 6,342 -2,998 32,134 -16,635 19.7 9.2 -3.5 928.1 -438.8 4,702.6 -2,434.4
TX 161 -45 12,418 -3,147 110,796 17,688 11.2 5.5 -1.5 428.3 -108.5 3,821.1 610.0
UT 8 -6 1,987 -450 10,980 -2,547 18.1 2.6 -1.8 619.8 -140.4 3,424.8 -794.6
VA 29 -5 3,818 256 30,288 -3,315 12.6 3.4 -0.6 447.3 29.9 3,548.5 -388.3
VI 0 0 8 -10 217 -128 3.8 0.0 0.0 79.0 -98.0 2,067.0 -1,218.7
VT 2 0 84 -15 4,363 -483 1.9 3.7 0.0 134.2 -23.8 6,992.3 -774.1
WA 11 -23 2,017 428 29,600 3,385 6.8 1.5 -3.0 264.9 56.2 3,887.2 444.5
WI 42 -15 2,265 -1,130 26,858 -2,766 8.4 7.3 -2.6 389.0 -194.1 4,612.9 -475.1
WV 18 -5 1,195 -108 9,712 -1,129 12.3 10.0 -2.7 667.0 -60.3 5,419.0 -630.1
WY 3 -1 220 -109 2,085 -1,353 10.5 5.4 -2.0 379.6 -188.6 3,603.3 -2,337.5
US 2,179 -443 178,996 -33,309 1,746,006 -156,913 10.3 6.6 -1.3 539.3 -100.4 5,261.0 -472.8
Week
Change
COVID-19 Outbreak Statistics By State: Level, Growth, and Per Capita (As-Of 12/27/2020)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
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7
Morning Commentary
% of % of
State Trend Peak Cases State Trend Peak Cases
SC Rising 100.0 3253 MP Rising 63.6 2
NY Rising 96.9 10586 OR Falling 63.3 1941
VA Rising 93.4 3818 IN Falling 61.0 8425
WV Falling 91.7 1195 KY Falling 60.3 4212
GA Rising 90.3 4874 ID Falling 58.0 1919
NC Falling 88.3 5380 UT Falling 56.1 3974
ME Falling 88.2 419 OH Falling 54.4 13634
CA Falling 87.2 38336 MO Falling 51.1 4831
FL Falling 84.0 9818 CT Falling 51.1 2846
MA Falling 83.0 4172 KS Falling 47.8 2647
NJ Falling 80.4 4090 CO Falling 45.5 4608
MD Rising 80.1 2341 HI Falling 45.0 229
AL Falling 80.1 3311 IL Falling 43.3 10725
AR Falling 79.7 1890 NM Falling 42.7 2279
DC Falling 79.6 229 AK Falling 37.9 533
MS Falling 78.4 1722 NE Falling 35.4 1692
DE Falling 76.8 634 MI Falling 34.7 5791
OK Falling 75.2 2614 WI Falling 32.2 4530
AZ Falling 74.9 5820 MT Falling 28.8 746
PA Falling 73.4 7760 SD Falling 26.1 761
VT Falling 71.6 84 VI Falling 25.4 17
NV Falling 70.1 1938 WY Falling 24.7 439
NH Falling 69.0 610 RI Falling 24.3 644
LA Falling 68.8 1940 MN Falling 23.8 3355
TX Falling 68.6 12418 IA Falling 20.4 1559
WA Rising 66.8 2017 ND Falling 14.0 408
TN Falling 65.9 6342 GU Falling 7.7 19
State State
MP Rising 99.1 100.0 NC Falling -0.2 10.2
ID Rising 15.9 56.7 FL Falling -0.3 9.4
PA Falling -0.2 38.7 DE Rising 1.0 9.3
AL Rising 8.1 38.7 NH Falling -1.9 9.2
SD Falling -3.6 35.5 NE Falling -0.6 8.6
IA Rising 2.2 34.1 WI Falling -3.0 8.4
KS Falling -8.2 29.5 NM Falling -2.0 8.0
MS Falling -1.7 20.1 NJ Rising 1.6 7.9
TN Rising 0.6 19.7 MI Falling -1.4 7.2
AR Falling -0.3 18.5 ME Rising 1.2 6.9
UT Rising 0.1 18.1 WA Rising 0.8 6.8
KY Rising 3.1 16.1 IL Falling -1.0 6.8
MO Falling -0.3 15.1 CO Falling -1.5 6.2
OH Falling -0.3 15.0 MA Rising 0.6 6.0
NV Falling -1.6 13.7 RI Falling -0.5 5.9
AZ Falling -0.7 13.7 MD Falling -0.5 5.7
OK Falling -7.2 13.6 NY Rising 0.3 5.7
GA Falling -0.6 13.2 OR Rising 0.3 5.6
VA Rising 2.0 12.6 CT Falling -0.8 5.6
WV Rising 0.3 12.3 ND Falling -1.0 5.3
CA Falling -2.0 11.4 MN Falling -2.0 4.6
TX Falling -5.5 11.2 VI Falling -1.6 3.8
SC Falling -0.9 11.1 GU Falling -0.2 3.5
IN Falling -1.0 10.7 AK Falling -1.5 3.5
WY Rising 1.0 10.5 DC Falling -0.4 3.0
MT Falling -1.2 10.5 HI Falling -0.6 2.3
LA Rising 0.2 10.2 VT Falling -0.1 1.9
State State
NV Falling -2.0 612 MI Falling -5.4 311
AZ Rising 7.5 576 MA Rising 12.4 310
AL Rising 10.6 527 SD Falling -20.6 310
CA Rising 13.0 508 NC Rising 13.6 298
MS Rising 4.4 463 VA Rising 3.7 292
PA Falling -2.8 461 MD Rising 1.8 280
TN Rising 1.5 442 FL Rising 12.9 275
MO Falling -2.2 439 NE Falling -15.9 260
OK Rising 1.5 437 WY Falling -7.0 252
GA Rising 18.8 424 ID Falling -15.8 220
IN Falling -4.1 418 CO Falling -15.2 206
RI Falling -3.7 417 NH Rising 3.4 199
DE Falling -1.7 414 MT Falling -22.5 187
NJ Falling -2.9 391 WI Falling -14.1 187
WV Rising 0.9 390 MN Falling -8.4 186
TX Rising 10.5 375 IA Falling -13.5 175
OH Falling -8.1 374 UT Falling -11.2 161
NY Rising 16.1 369 WA Rising 2.1 158
AR Rising 3.0 362 ND Falling -32.1 139
NM Falling -7.6 361 ME Rising 13.0 136
KS Rising 47.4 348 OR Falling -12.0 126
SC Rising 21.0 346 GU Falling -28.0 109
KY Falling -6.4 337 AK Falling -44.1 97
CT Rising 2.8 337 VT Rising 41.7 54
LA Falling -0.3 329 HI Rising 23.1 45
DC Falling -1.3 329 VI Falling n/a 0
IL Falling -7.0 322 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 12/27/20
6 Month COVID-19 Positive Test Rate By State/Territory: 7 Day Moving Average As-Of 12/27/20
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 12/27/20
Trend
WoW %
Chg
Hospital
Rate Trend
WoW %
Chg
Hospital
RateHospitalization Rate: Distribution & Trajectory Hospitalization Rate: Distribution & Trajectory
https://www.bespokepremium.com
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
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Bespoke Morning Lineup-122820 805b71Commentary 122820