Tech may have no mojo but we are really oversold so it may not be as easy to roll this market down..
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The S&P 500 is down 21% in the first 182 trading days of 2022, the 5th worst start to a year in history. $SPX https://t.co/tWkYhNDrPN
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Goldman Sachs expects US home prices to flatten next year. Moodyโs Mark Zandi is more bearish: He predicts prices nationally will fall 5% to 10% from peak levels without a recession and up to 15% in a mild recession. https://t.co/zZXLVWmbX7
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Going back to 1962, this has been the worst year ever for 10-year notes. Read more in tonight's Closer: https://t.co/5yXr7jb5GA https://t.co/dGKSgnoiqM
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Trading with a TRULY incredible #office with a view here in Switzerland while celebrating to return of OTC spikers like $GMER $TXTM $GTII $VNTH & higher priced spikers like $PIXY $SPRO $SAVA despite the truly fugly $DIA $SPY $QQQ whewww, such an interestingggg September This is! https://t.co/xdrMH7Bq3O
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Average 30-Year Mortgage Rate in the US... 1970s: 8.9% 1980s: 12.7% 1990s: 8.1% 2000s: 6.3% 2010s: 4.1% 2020s: 3.5% --- Today's Rate: 6.3% https://t.co/ckbIln3Yyw
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The semis continue to be the worst acting group in this entire market. Devoting much of tonight's written portion of the show to them... They are crushing the market and kyboshing the multiple rebounds that the market has attempted
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72% of S&P 500 stocks are now down YoY while 30% of S&P 500 stocks are now down over the last 2 years.
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Reduction in the Fed's balance sheet has been extremely slow thus far, only down $149 billion from its peak in April w/ assets still higher than the start of the year. Initial plan was to accelerate the unwind in September to a pace of $95 billion/month. Charting via @ycharts https://t.co/m3q39AGo8a
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Here's the 34 S&P 500 stocks with market caps above $20 billion that are now down over the last 5 years on a total return basis. $META $BKNG $SLB $WFC $C $GILD $BA $GE $MMM $FDX $DD $INTC https://t.co/Ue5QQSDsFA
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The monthly mortgage payment on the median home for sale in the US has increased 45% over the last year ($1,678 to $2,442) as mortgage rates have moved from 2.88% to 6.29%. https://t.co/tWfpABwanN https://t.co/kRpf4aiihm
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The Nasdaq 100 is now down 24% YoY.
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