The magazine indicator is bad omen for 2022: whenever a corporate icon graced the cover of @TIME as Person of the Year, the Nasdaq fell the following year. We discuss this in today's @WELT podcast DuZ. We also argue about mandatory vaccination. MUST HEAR! https://t.co/9za5sFEezP pic.twitter.com/SWKLxbB5xv
— Holger Zschaepitz (@Schuldensuehner) December 14, 2021
#ES_F, 1h
— Yuriy Matso (@yuriymatso) December 14, 2021
Don't you love those zig-zags :) pic.twitter.com/jtkOFgvIsr
All aboard a derailed train, part deux.
— Jason Goepfert (@jasongoepfert) December 14, 2021
Despite a pretty hefty loss in $SPY, traders poured more than $6 billion* into the fund.
The only other times that happened were during crises. pic.twitter.com/29XLqIdnjj
Nasdaq :
— The Great Martis (@great_martis) December 14, 2021
The rudiments of the introduction to an up cumming bloodbath depicted.
Wont be long pic.twitter.com/Ax3HZkEqKB
well actually pic.twitter.com/LFbPWzhA1i
— zerohedge (@zerohedge) December 14, 2021
W-C starts? (1) not confident about the count, as the zigzag rebound to 4713 seems odd-looking--though ES future looks much completed. (2) what motivates me to look for a sharp retrace is a LT cycle that bottoms around 12/17-12/21. (3) given the overall structure, it may < 4500.
If >4650, then this option: (1) if, however, SPX breaks through 4650 by the end of day, then following count is more likely. (2) still, given the volatile nature of tmrw's FOMC & quad ending later this week, a large-range sharp moves are likely. (3) anyway, will short if >4730
as we watch stocks sell off, some perspective from JPMorgan's Clinton Warren to @FerroTV --
— Katie Greifeld 🎄 (@kgreifeld) December 14, 2021
``We have clients calling in historically when the market pulled back 10%, and then those clients calling in to buy at 5% and now it’s 2%. Any 2% move or so, clients are getting in.'' pic.twitter.com/mdmcQW20b3
Support today was 4605-4590 and #ES_F sold there & now getting a nice bounce. Targets remain 4635 then 4665 & bulls need above 4665 to see ATHs
— Adam Mancini (@AdamMancini4) December 14, 2021
This back-tested last weeks liftoff point & now that its bouncing it must continue into FOMC. Fail of todays supports can get very ugly https://t.co/Dvv6tihvNx
Seasonally, the low of December is the 10th trading day and today is the 10th trading day (chart from CXO Advisory) pic.twitter.com/YVF5Uj2OKT
— Tsachy Mishal (@CapitalObserver) December 14, 2021
That ought to scare the Germans a bit given their history... pic.twitter.com/Bd5yhXNjtD
— Dave Collum (@DavidBCollum) December 14, 2021
Producer Price Index (PPI) came in at 9.6% y/y, higher than the estimate of 9.2% and Oct's 8.8%. New record high. Strong increases across all categories. We started 2021 with PPI below 2% y/y and now we're nearly at 10%. pic.twitter.com/IhMz8iv0F0
— Liz Young (@LizYoungStrat) December 14, 2021