They say nobody rings a bell...... pic.twitter.com/uX9vDzlNku
— Sven Henrich (@NorthmanTrader) December 13, 2021
Stocks Extend Losses After Fed Survey Shows Soaring Inflation Expectations https://t.co/WqgWsR9gR1
— zerohedge (@zerohedge) December 13, 2021
🇺🇸 #SPX | The S&P 500 Index’s long-term price-to-earnings ratio, which compares the current price with the 10-year average real earnings per share, has reached 37, a level last seen in 2000 - Bloomberg pic.twitter.com/tCsSsrSMIc
— Christophe Barraud🛢 (@C_Barraud) December 13, 2021
'Companies in the S&P 500 repurchased $234.5 billion in shares during the third quarter, topping the previous record of $223 billion in the fourth quarter of 2018.' https://t.co/voMEXLDid2 pic.twitter.com/C1wvn19ECU
— Jesse Felder (@jessefelder) December 13, 2021
#NQ_F, 1h
— Yuriy Matso (@yuriymatso) December 13, 2021
This is one of the most stubborn resistance levels I've ever seen...
It is all about the 16435 level! pic.twitter.com/syiGxtfIbS
Current Gamma structure supports my theory of a Pump & Dump after FOMC--just like what the huge bars, negative and positive positions, indicate. Also, the window of a major bottom runs from 12/17 to 12/22--that is a cycle indicator, account for 10%-15% in my overall decision-tree
It is a B-wave, not a 4th: (1) see the shaded area--it runs too long in time as compared to previous waves, which qualifies it MORE as a B-wave, rather than a 4th. (2) THAT IS IMPORTANT, as it indicates the coming counter-wave may go all the way to the origin of this ZZ: 4495.
470 $SPY is the dominate strike into FOMC. >40% of total S&P gamma goes away Friday.
— SpotGamma (@spotgamma) December 13, 2021
Powell is going to charge the market up, then the pin gets pulled. pic.twitter.com/jSJfiYI8eI
Much has been said about the weak market breadth.
— NAVA Capital (@NAVACapital) December 13, 2021
We present another way to look at it.
When we had as many stocks 50% below their 52 weeks high in the past, the S&P 500 was always more than 15% to its own 52 weeks high...@albertedwards99 @johnauthers @SoberLook @jessefelder pic.twitter.com/iLBQPfbWJA
Add Shimao to your list of Chinese developers to watch. Trading was halted in three of its yuan notes today, one lost more than *half* its value. by @RChoongWilkins https://t.co/NnkclRjlGg pic.twitter.com/41P20tTGoY
— Sofia Horta e Costa (@SofiaHCBBG) December 13, 2021
Big weekly gains are a good sign for the bulls.
— Ryan Detrick, CMT (@RyanDetrick) December 13, 2021
The S&P 500 gained >3.8% last week.
The previous 25 times it did that (back to Mar '09), 3 months later it was higher 23 times.
Avg return of 7.0% versus avg 3 month return of 2.1%.
Yet another clue this bull market isn't done. pic.twitter.com/AFJTKR0fu6
Wage inequality continued to increase in 2020: Top 0.1% of earners see wages up 389% since 1979 while share of wages for bottom 90% hits new low https://t.co/1i9rMnS05H via @economicpolicy
— Gabriel Zucman (@gabriel_zucman) December 13, 2021