It looks like we will reach the 50 day MA before a pullback as is common with Death Crosses. We are just a few points from the 50 day MA now. pic.twitter.com/4715MJsLo6
— Francis Bussiere (@AstroCycle_Net) March 18, 2022
Very few people today say it's a good time to buy home. However, we clearly know A LOT of people are trying (just listen to Lennar's call today). Guess a lot of buyers are just holding their noses and taking the plunge, regardless of how they feel. pic.twitter.com/dFVIWiOLVe
— Rick Palacios Jr. (@RickPalaciosJr) March 17, 2022
Despite Plunging Economic Sentiment, Hedge Funds Are Not Positioning For A Recession... In Fact, Just The Opposite https://t.co/QjaWVSQOcE
— zerohedge (@zerohedge) March 18, 2022
Every now and then we see nonresident outflows from local-currency bonds in China but they are usually small. Not last month: largest outflow on record in the context of high global uncertainty due to war in Ukraine. pic.twitter.com/pvVgszvgpx
— Sergi Lanau (@SergiLanauIIF) March 18, 2022
Letting this FTD work. No distribution in first two days (positive) and $COMP putting in it’s own FTD is positive.
— The Real Norseman1 (@Norseman1) March 18, 2022
But IT still below 200dma (guilty until proven innocent)- @alphatrends
In the IBD world you don’t get 100% long until Power Trend-@mwebster1971
No 90/90 🚨 pic.twitter.com/bXBcIxUVkb
Two Options, both bullish: (1) as noted earlier, if 4380 resistance is conquered, super-bullish; (2) a very clear & clean w-1, w-2 completed ystdy; now, it is in the middle of w-3; (3) a gap-up and go tmrw to 4440 would confirm this; (3) 1st target 4500; or 4650. Bought LT calls.
Finally! Bearish sentiment>=50%: (1) ystdy's AAII sentiment came with a 49.8% of bearish vs. 22.5% bullish; (2) I have been waiting for a 50%+ reading to pinpoint the BOTTOM ZONE; now, we got it--as the survey was taken on 3/16, so the low was confirmed. (3) now, major rebound.
— StockCats (@StockCats) March 18, 2022
CHART OF THE DAY: Fertilizer prices climb to a fresh record, as sales from Russia (one of the world's top producers) are disrupted, and super-expensive natural gas in Europe curtails output. The chart below is New Orleans urea price from 1977 to date | #OATT🌽🚜👩🌾🌾⚗️ pic.twitter.com/aWPw89LjCE
— Javier Blas (@JavierBlas) March 18, 2022
Impressive Reversal since Fed Meeting!
— Ripster (@ripster47) March 18, 2022
Important to note 30 Break on VIX should have been your guide to trade reversals in most names as I teach all the time
Although, too many short biased PUT option holders, squeezing right now part of reason for move
Lot of charts to review pic.twitter.com/tVxHcy9ZDt
#NQ_F, 1d
— Yuriy Matso (@yuriymatso) March 18, 2022
Nasdaq retraced 38.2% of the Jan-Feb drop. The next several weeks will determine whether the Nasdaq's Jan-Feb bear market is over or not. If over, this would be one of the shortest bear markets ever. pic.twitter.com/62XeRuVZ1E
$AAPL money could cycle into small caps instead, I am, however, still bearish on some big techs like this one. Valid example of possible leading diagonal for W-A pic.twitter.com/5mp2BLVGii
— Mauro (@MauroBianchi24) March 18, 2022