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2021.10.12

Apple shares are down nearly 10% since Sept. 7, and are lower by nearly 2% in after-market trading on the company's reported plan to curb production goals. The broader suggestion here is that supply-chain disruptions may not be fully priced yet. https://t.co/bi1hzpe9b4 pic.twitter.com/MJyuWDcOkB
— Lisa Abramowicz (@lisaabramowicz1) October 12, 2021

Today was all about this trend line in $SPX. Posted it early morning in our discord which played out for two 20 points bounces (for long with limited risk below TL). However, end of day it closed right on the trend line. #ES_F #SPY #SPX pic.twitter.com/Q0NClaGpjc
— Arastoo Fazeli (@ArastooFazeli) October 12, 2021

Third Quarter Earnings Season Begins Tomorrow: It Could Be Ugly https://t.co/MlcygkoSs6
— zerohedge (@zerohedge) October 12, 2021

4.3 million Americans quit their jobs in August -- a record high.

892,000 quits in food & accommodation
721,000 quits in Retail
534,000 quits in health/social assistance
**These were all record highs**

Check out health care pic.twitter.com/Hux3c32fvc
— Heather Long (@byHeatherLong) October 12, 2021

Junior miners continue to look strong and outperforming precious metals.

These are all important signs of a bottoming process. pic.twitter.com/upZ3Fferf3
— Otavio (Tavi) Costa (@TaviCosta) October 12, 2021

By Master Wu

On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.

Daily Review

2021.10.12

Tangled up & tango on: (1) so far, it looks like the double zigzag has better chance of being the path forward. (2) I added a parallel line to the resistance line, converging at 4180 zone with the second zigzag leg. (3) Oct. 18-19 would be Evergrande's official loan default day.

The Dome-building Top: (1) from daily chart, however, things look more ominous--a well-shaped dome is building now, signaling a LT top. (2) also significant is the perfect rejection by my MA58 line at 4429, to the decimal. (3) a retest of 4278 & then a rejection would be perfect.

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TODAY'S TOP GURUS

TODAY'S TRENDING STOCKS

DAILY INFORGRAPHIC

The Psychology of Inflation

A thread👇👇👇

Net profit margins are at record highs today. S&P 500 companies have been able to pass rising costs onto their customers in the short run. These windfall profit margins are unsustainable and poised to reverse. pic.twitter.com/HoWHALIsVH
— Kevin C. Smith, CFA (@crescatkevin) October 12, 2021

🔴 Chinese bonds getting smoked. This is going to be far bigger than Evergrande.

Question is will it be far bigger than China?

China recession/depression has massive knock on effects. pic.twitter.com/7gAQIHuI9R
— George Gammon (@GeorgeGammon) October 12, 2021

$SPX

Careful : Traps abundant.

Sell off warming up . pic.twitter.com/B0wZfnDvHG
— The Great Martis (@great_martis) October 12, 2021

$IWM #IWM Monthly bull flag with:

-Previous resistance attempting to act as support.
-100% win rate for the month of November over the last 5 years.
-92% win rate for November since the 2009 bottom. pic.twitter.com/59zKKvk1CJ
— Jake Wujastyk (@Trendspider_J) October 12, 2021

GOLD:

Its not a matter IF gold is heading to 2400 ITS a matter of just when .

The perfect cup and handle is nearing complete BE it at 1550 or 1700 nevertheless GOLD imo is going to have a big 2022 AND BEYOND .

Big money awaits to be made.

we await. pic.twitter.com/OI5LgjB9dN
— The Great Martis (@great_martis) October 12, 2021

Fintwit Watch Archive

2022.06.01

Fintwit Watch Archive 2022.04 +

Fintwit Watch Archive 2022.03 +

Fintwit Watch Archive 2022.02 +

Fintwit Watch Archive 2022.01 +

Fintwit Watch Archive 2021.12 +

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