Copper: Bearish
Baltic Dry In.: Bearish
UPS/FDX: Bearish despite the recent bounce.
ADP/PAYX: In 08, there were 5.9 million small employers in the US and 21.4 million non-employer small businesses (for a total of 27.3 million). In 17 (most recent data), there were 30.2 million. Perhaps we got up to 35 million by the end of 19. One has to wonder how many will just disappear in 20 and what effect that will have on ADP and PAYX.
FAANG: AAPL, AMZN and NFLX ok. FB and GOOGL not.
EEM: EEM could bottom out first. Well see.
INTU / CRM: Both bouncing; same situation as ADP / PAYX.
HYG / LQD sprd: Federal Reserve propping up bonds in U.S.
OVERALL: Bearish overall.