I will say this: this has to be one of THE WORST days i can recall in years. And i have been around the block
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The S&P 500 is down 17.7% in the first 95 trading days of 2022, the 2nd worst start to a year in history. $SPX https://t.co/uOqgOKYU6s
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Analytically, think of today's equity losses as a new phase and not just a continuation of the earlier selloff At first, it was about rising interest rates and tightening financial conditions Now it's also about growth/earnings worries as inflation erodes living standards/profits https://t.co/BrAX4HxMgz
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US stocks posted the biggest daily drop in almost two years. “We are pricing in a growth scare.” https://t.co/8A3Jk6dPYh
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Indices closed down 4-5%. Consistent with the view it's a new (growth/earnings-driven) selloff phase: Bond prices rose, opposite to what happened during the prior declines driven by interest rate/financial condition concerns; Consumer-related sectors were hit hard (some 7% off).
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Reminder that the newbies who started trading in 2020/2021 have NO risk management & they don't know how to trade markets like this. They're using the same bubble playbook they used the past 2 years, only now they're getting absolutely decimated nearly every day...adapt or perish
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The S&P 500 ESG Index has dropped Elon Musk’s Tesla from the lineup, as revealed this week in its annual rebalancing. https://t.co/UZmkmlFDR4
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no need to be a hero.. sending out special bulletin right now. NO HEROICS!
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FYI, clips from the @CNBC conversation with @SaraEisen Thank you Sara for having me on @CNBCClosingBell. https://t.co/ugKiVHsEGD https://t.co/2Dj0zikmhg #economy #markets #stocks #bonds #investing #investors #EconTwitter https://t.co/WuAx0FvGsy
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Amazon's retail business will hire fewer people than it had initially planned for this year as it grapples with slowing growth and rising costs: Business Insider https://t.co/POMYYhJdFV
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This is absolutely beautiful $DIA $SPY $QQQ price action as we have a lotttttt of blood letting to do for a healthier market. All of the #DiamondHands and #cryptocurrency BS must be re-educated as to the realities of trading. This is a much needed cleanse & VERY healthy longterm
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