2021 has been record year for IPOs in terms of deal value; count was much higher in 1990s @SoberLook ⁦@BankofAmerica⁩ ⁦@Dealogic⁩ pic.twitter.com/rUL7gSiXXX

— Liz Ann Sonders (@LizAnnSonders) December 2, 2021

Let's put a theory to the test.
Last Wednesday the Fed balance sheet made an all time high.
Between then & yesterday's close the Fed's balance sheet dropped by $31B & markets dropped with it.
Theory: Today the balance sheet started rising again & is taking markets higher with it. pic.twitter.com/W6fdcx4YrL

— Sven Henrich (@NorthmanTrader) December 2, 2021

One for the ‘BUBBLE SCORECARD!’
chart @KailashConcepts ht @MichaelAArouet pic.twitter.com/DFRlahgUhm

— jeroen blokland (@jsblokland) December 2, 2021

At yesterdays close, Small-cap McClellan Oscillator was as oversold as it was during the Covid crash.

Such extreme readings produce a sharp snapback rallies in short term but the price usually makes a lower low after the oversold rally pic.twitter.com/aI13O6iLlv

— xTrends (@xtrends) December 2, 2021

1/x) Circling back to some of my points in this thread. I've already extensively discussed diminishing liquidity since Volmageddon & March 2020, yet the recovery appears to be breaking down. Equity market depth has begun deteriorating again & bid-ask spreads are getting stretched https://t.co/i1agKIh3ev pic.twitter.com/Wqu3Kxv1Wq

— Stretching Spreads (@FadingRallies) December 2, 2021