Those who know how inflation works are very worried. Twitter armchair geniuses are still hanging on to the official narrative du jour pic.twitter.com/ZOIraTcTVp
— Girolamo Carlo Casio (@INArteCarloDoss) March 14, 2022
Bottoms on the Monday or Tuesday following monthly options expiration. $SPY $SPX $QQQ $NDX pic.twitter.com/KR9PjmQkVb
— ChartingCycles (@ChartingCycles) March 13, 2022
I remember being told in late 2020, that Fed would not "allow" US 10YR yields to reach 2.1%.... We are very close to a top - and now I'm told, that Fed will hike - hence rates will go up🤦♂️ pic.twitter.com/NtSm2IbSzI
— Henrik Zeberg (@HenrikZeberg) March 14, 2022
Interesting perspective 👇 Weak consumer confidence can only get better and trigger equities rally? I am not sure if I buy the argument at the moment. (JPM) pic.twitter.com/1uXEzw96Zi
— Michael A. Arouet (@MichaelAArouet) March 14, 2022
Hong Kong now reports higher Covid mortality than any other 1M+ country at any time during the pandemic. pic.twitter.com/ezNtBuXz41
— Martin Kulldorff (@MartinKulldorff) March 14, 2022
Nominal target for this leg should be 4150; certainly, if it extends, the target would be <4100. TODAY. Remember, in #6 Bamboo Scroll, I said: (1) Mon breaks below 4156. (2) intraday deadcat bounce is SO SCARY THAT MOST BEARS would exit. (3) Mon's directional move >100 SPX points
Waiting for the dead cat: (1) no good opportunity now, just waiting for the dead cat to bounce. (2) see the yellow oval--bulls MUST break out to the upside in 30-min, otherwise, this is SUPER bearish w-4 formation, with w-5 to the downside is to come--maybe tmrw open.
Per the weekly @GoldmanSachs index, US Financial Conditions tightened further in a broad-based fashion: yields, spreads, currency, and equities
— Mohamed A. El-Erian (@elerianm) March 14, 2022
It's also worth noting that both overall financial conditions and the recent tightening have been bigger for global financial conditions pic.twitter.com/H8VYfz6m9n
The Ticks black MA line keeps climbing so we are trying to bounce into the close, which tends to agree with the cycle suggesting a green morning Tuesday that fails in the afternoon.https://t.co/U08mPJeRx4 pic.twitter.com/4EQGp0mm5o
— Francis Bussiere (@AstroCycle_Net) March 14, 2022
Hong Kong stock market pic.twitter.com/2YHNjqJmS1
— Álvaro Oviedo 🇺🇦 (@alvoviedo) March 14, 2022
UN Chief In 'Bone-Chilling' Statement: Nuclear War Back "Within Realm Of Possibility" Over Ukraine https://t.co/6gCle5jVBp
— zerohedge (@zerohedge) March 14, 2022
$ARKK made a new low today, likely going to the $40’s$IXIC (NASDAQ composite) made a new intraday low too, breaking 12,600
— Dillon (@BluSuitDillon) March 14, 2022
The 200 week moving average has acted as major support during every tightening cycle & crash. Or, at least, that’s where the Fed put existed. pic.twitter.com/jMBbxlwYv8