Buy the dip crew stepping in and holding 4430 today in $SPX!— The Kobeissi Letter (@KobeissiLetter) February 4, 2022
Subscribers up nearly 50 points in longs in under a day.
Topping off an overall fantastic week today.
Posting FULL update into the weekend on our private feed.
Subscribe to gain access now:https://t.co/SJRZ4FrfLE pic.twitter.com/TqPOXDz7Wt
Last week, during which the S&P 500 reached 10% correction territory but was +0.8% for the full week after a late-week rally, clients were net buyers of the dip in US equities— Mike Zaccardi, CFA, CMT (@MikeZaccardi) February 1, 2022
($5.5B; biggest inflow since late Nov./8th-largest in our data since ‘08). -BofA pic.twitter.com/ZHrWcByGw3
Euro Area Inflation Unexpectedly Hits Record High One Day Ahead Of ECB Decision https://t.co/0mlWqjpqQg— zerohedge (@zerohedge) February 2, 2022
Inflation generalization in the G-4 economies (weight of items in the CPI with year-over-year inflation > 2%):— Robin Brooks (@RobinBrooksIIF) February 2, 2022
1. US CPI (black): 86%
2. US PCE (dots): 77%
3. UK (blue): 77%
4. Euro zone (red): 68%
5. Japan (grey): 25%
With @JonathanPingle pic.twitter.com/bypqfqyZ9b
The Deep V: (1) My followers belong to a tiny % of traders/investors who made money, or at least, not lose money during the 4-week vicious & brutal shakeout. (2) both bulls and bears have been slaughtered in mass over this period of time--only a few survived without scratch.
Here is what I meant by 50+ point--certainly to the upside--I said monster and fuel in the tank. It is such a clear bull-flag. Play this with your own risk. I bought calls at 4544--when I tweeted last time. Now, doubled. Will hold them till 4580.
I'm not a buyer into "pullbacks" & that has saved me from losing a bunch of money in $PYPL— Brian Shannon, CMT (@alphatrends) February 2, 2022
Pointing out a lvl of interest where the stock might begin to stabilize. Would need EVIDENCE on shorter timeframes buyers gaining control before considering a purchase
⚓️VWAP Handoff pic.twitter.com/77hqpN8Vie