Why are the trucker protests happening now? It is not just Covid. Over 100 years ago, Russian researcher Tchijevsky linked protest movements to the ascending phase of the sunspot cycle. Data since then bear out his findings. For more, see https://t.co/dKQ0C2gEgi pic.twitter.com/tYkVtRS4Hv
— Tom McClellan (@McClellanOsc) February 9, 2022
This is a very rare chart construction called an "interlocking H&S" wherein the right shoulder of one H&S patterns is the left shoulder of another H&S pattern $AAPL #fintwit pic.twitter.com/X8ZLNlaUrS
— Peter Brandt (@PeterLBrandt) February 9, 2022
The "Wednesday video" will be out later today on https://t.co/1Cy03Qvk5J. Strong proofs that we have entered major wave 5 in #Equities, which will take #SP500 to ~5600 and #Nasdaq to ~19300 in a FINAL BLOW-OFF TOP BEFORE BUST! Tune in and decide for yourself🙂 pic.twitter.com/RSnFEwfr4I
— Henrik Zeberg (@HenrikZeberg) February 9, 2022
Commodities inflation new high
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) February 9, 2022
“We hit the peak of inflation” pic.twitter.com/4wfA4Vi1YG
$spx vs yield curve pic.twitter.com/yCkYGX7s9i
— Álvaro Oviedo (@alvoviedo) February 9, 2022
Trending Day; Black trend line connecting 4818 & 4666 was broken from below, signifying that the bullish leg of this primary level move is under way. To 4666 and fill the gap by Friday.
The Nasdaq has more Down volume than Up volume today which seems strange, but that could change as the day progresses pic.twitter.com/QTUHzT8uZa
— Francis Bussiere (@AstroCycle_Net) February 9, 2022
Nearly +100 points in $SPX in a matter of days!
— The Kobeissi Letter (@KobeissiLetter) February 9, 2022
Held 4470 and we reaffirmed that dips were going to be bought above 4450.
Bears were unable to convert the recent reversal, momentum was building for bulls.
Congrats if you caught this move!
Join us:https://t.co/SJRZ4FrNBc pic.twitter.com/PIQCw5MCZe
MOAR! Fed...check! What "heroes", what "courage". We should all be very thankful! pic.twitter.com/V3jWi7dLsN
— Randy Woodward (@TheBondFreak) February 9, 2022
Further out $VIX futures have "relaxed" to match early 2020 levels when S&P was at all-time highs (ATH)--even though current S&P still 4.4% below ATH. Added 2017 & recent downturn peak day term structures for reference. Realized 21-day S&P vol in April 2017 was ~7% vs current 22% pic.twitter.com/whvqVxyTUy
— Vance Harwood (@6_Figure_Invest) February 9, 2022
Good chart from Goldman Sachs data showing that supply chain constrained categories are adding about 140 bps to inflation & PCE is still way above their target.
— Cullen Roche (@cullenroche) February 9, 2022
Ie, ~30% of the inflation is from supply constraints which means this is a broadly demand driven inflation. pic.twitter.com/AFp5LsZz82