AAII Sentiment Survey:— AAII SentimentSurvey (@AAIISentiment) February 3, 2022
*A small rebound in optimism
*Bullish sentiment is unusually low for 3 consecutive weeks; last time this happened was July-August 2020
*Despite big drop, pessimism remains unusually highhttps://t.co/CPRW7Qb6JE pic.twitter.com/BYDOlX2Rni
Retail Investors Are Flooding In To Buy Meta's Face-plant Dip https://t.co/zWnEyfCJ68— zerohedge (@zerohedge) February 3, 2022
AMZN Earnings: (1) I have no idea whether AMZN will blow the market away with stellar earnings or hugely disappoint, BUT, the market will tell me before the close. (2) how? My logic is, if SPX touch the yellow zone before close, then A HUGE BEAT BY AMZN. If not, then disappoint.
Still thinking about where to go: (1) the "market" is like a person, wandering between 2 choices, RED ZONE or YELLOW ZONE; (2) either way, it actually doesn't matter--for me, it will set up a counter-move trade that gives me better entry. (3) IT IS A GAME: KNOW YOUR ENEMY.
The Business of Stocks— Ritholtz Wealth (@RitholtzWealth) February 3, 2022
"Much of what takes place between 9:30 AM and 4:00 PM is about the “business of stocks” and not necessarily about the business of investing."https://t.co/17SEmgLODC
by @ritholtz pic.twitter.com/QqIluSYpec
The Possible Head and Shoulder pattern with the Left Shoulder in Sep at 4,545 is the maximum we should go if it is to continue forecasting a move down to 3,600 if we break below 4,222 pic.twitter.com/NzPDGXFCMT— Francis Bussiere (@AstroCycle_Net) February 3, 2022
US household formation stalls out in Q4, due to lack of home supply, declining birth rate, the soaring cost of sales and rent, says @CapEconUS. “We therefore expect .. effective rental growth to drop from 12% y/y at the end of last year to around 4% y/y by the end of 2022.” pic.twitter.com/7udBm9BUWC— Carl Quintanilla (@carlquintanilla) February 3, 2022