Tech Stock Investors: 2022 👀 pic.twitter.com/NE7SX0Akys
— Steve Burns (@SJosephBurns) January 4, 2022
At this pace, I expect bond #yields to crush #equity market #sentiment pretty quickly. pic.twitter.com/85qWaPCdFi
— jeroen blokland (@jsblokland) January 4, 2022
#NQ_F, 1d
— Yuriy Matso (@yuriymatso) January 4, 2022
2018 vs 2022
Nasdaq formed a double top in October 2018.
Nasdaq formed a double top in January 2022.
Fed was the reason for the sell off in 2018.
Will Fed ignite another sell off in 2022? pic.twitter.com/sI6F6RXfdF
Steph's "never seen anything like it." $GME
— Rudy Havenstein remembers. (@RudyHavenstein) January 27, 2021
What's Gamestop's market cap, even now? $6 billion or so?
The @federalreserve monetizes $120 BILLION in fun coupons every month, and the $QQQ is up 14x or so in 11 years, and now you think something is fishy?
You guys are hilarious. pic.twitter.com/Ddm53K80CL
JPM Urges Clients To "Stay Bullish" As Positive Catalysts "Are Not Exhausted" https://t.co/OLZP9Q0IaK
— zerohedge (@zerohedge) January 4, 2022
Hmmm... (1) a larger retrace than a normal w-4, I have to give it a thought the entire up-move--from 4531, might be OVER. (2) See how close this morning's top to my projected turning zone & the 4820-4828 target marked from a month ago. (3) only bullish option is an expanding ED.
The Working Theory: (1) the decline from 4818 target is fairly impulsive, and I will treat it as w-1 and now the market is working on w-2. (2) MSFT, TSLA, AAPL, AMZN all have an engulfing reversal so far today, a very telling sign. (3) w-2 to 4805 may be a good short zone. NTA.
Life time buying opportunity pic.twitter.com/PDTrMeGqGv
— Sven Henrich (@NorthmanTrader) January 4, 2022
PE ratio of S&P500’s 10 largest stocks near dot-com bubble level 2 decades ago. Elevated valuations combined w/rise in yields make stocks vulnerable to corrections. W/S&P500's top 10 comprising 1/3rd of total weighting, any drop in behemoths could push entire mkt lower. (via BBG) pic.twitter.com/EzloNYsuvo
— Holger Zschaepitz (@Schuldensuehner) January 4, 2022
No surprise: uncertainty around inflation has risen, see chart below. This is the reason why the Fed sounds concerned but at the same times plays for optionality since they themselves are also not sure of the direction of travel. @Mayhem4Markets pic.twitter.com/81RCsqqdYJ
— Patrick Saner (@patrick_saner) January 4, 2022
$DOW breadth pic.twitter.com/kgsLyPEH2z
— Álvaro Oviedo (@alvoviedo) January 4, 2022
“Since 1948, there have been 20 prior periods where [ISM Prices Paid] dropped more than 20 pts in a six-month span w/o another occurrence in the prior six months. Of those prior periods, 11 either occurred within a yr of the start of a recession or during one ..” - @bespokeinvest pic.twitter.com/cqu1exwTHz
— Carl Quintanilla (@carlquintanilla) January 4, 2022