For the past decade, "smart money" commercial hedgers used stock sell-offs to go net long S&P 500 futures.— SentimenTrader (@sentimentrader) January 21, 2022
Not this time.
They added $25 billion to their massive net short positions this week.
(this is not a perfect indicator) pic.twitter.com/4YgHR2JvJw
The bearish sentiment of the #stockmarket closed higher at 59%, and the bullish one dropped to 3%. No momentum yet. However, the bearish sentiment finished its 7-day winning streak, so there is a high chance for the market bounce in coming days. I'm long SPXL. pic.twitter.com/9DWBnu57FE— MSI Research (@MSI_Research) January 21, 2022
Seasonality strikes again in #ES_F: As posted, Jan sees an early month rally then mid to later month weakness and played out again— Adam Mancini (@AdamMancini4) January 21, 2022
From here: Next 2 week bullish phase begins *on average* later next week. Interestingly, this roughly corresponds to next weeks Jan 26 FOMC meeting https://t.co/DPoXS0WvoR
4420!! (1) You can't make this shit up, can you? (2) I mean, I just double-checked the low for today, that IS 4420, to the smallest digit. (3) I rest my case here--with some LT-calls, I may call it a day (BTW, I bought a boat-load of SPY 450 1/21 calls at 0.41 & sold most at 1
Four Directional Moves: (1) I underestimated the magnitude of these four moves--for example, I expected that it would end around 4420 for the 1st leg, and the 3rd retest would hold at 4420, then rebound to 4460 zone. (2) this is a slow-motion capitulation. (3) not bottom yet.
S&P 500 OFFICIALLY CLOSES BELOW 200-DAY MOVING AVERAGE FOR FIRST TIME SINCE JUNE 2020. pic.twitter.com/4PYjvcrYkz— The Kobeissi Letter (@KobeissiLetter) January 21, 2022
Nasdaq 100 tumbles 7.5% this week, most since March 2020 pic.twitter.com/LtpLOH61c6— Holger Zschaepitz (@Schuldensuehner) January 21, 2022
Wall Street analysts spend a lot of time worried about quantitative tightening and restrictive monetary policy. But for now, the Fed's balance sheet is still expanding to new record highs, reaching $8.9 trillion as of the latest data: pic.twitter.com/ZbzP6FQI1f— Lisa Abramowicz (@lisaabramowicz1) January 21, 2022