The S&P 500 fell 1.5% today, its 57th decline of 1% or more this year. That's the most downside volatility we've seen since 2008. $SPX https://t.co/QsXlmmeBhn
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A year ago, Twilio $TWLO was at $290 and had a consensus price target of $425 with 29 analyst buy ratings, 1 hold, and 0 sells. Today it has a consensus price target of $79 with 21 buy ratings, 13 holds, and 1 sell. Stock is down 83% YoY. https://t.co/N3H739I7kS
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Two year has to go to 4.3% to get to where the bulls want it to be at this point. It's stuck...
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I hope you're staying safe during this $DIA $SPY $QQQ downturn as small losses are ok, remember https://t.co/0HhPp6D9R3 always, just don't be a naive #hodl & instead learn from #crypto scum like @saylor & @SBF_FTX & #BlockFi & #Voyager who lost billions all due to ego/narcissism
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Crypto lender BlockFi has filed for Chapter 11 bankruptcy in the state of New Jersey, the latest domino to fall as a result of the collapse of FTX. https://t.co/aOeLo295pN
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Gas prices in the US have moved down to $3.54/gallon (national average), 29% below their all-time high in mid-June and at their lowest levels since February. https://t.co/hF8a922XYq
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Of the Russell 1,000 stocks that were in the index a year ago with at least 6 analyst ratings, the 53 stocks that had <20% Buy ratings a year ago are up a median of 0.97% YoY. The 70 stocks that had 90%+ Buy ratings are down a median of 15.9% YoY.
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Sheesh OTCs are back huh? $GDVM been seeing so many with longevity again on scans lately. https://t.co/AszX5WANox
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‘We see major stock markets plunging 25% from levels somewhat above today’s,’ Deutsche Bank says https://t.co/cK7gO0jbiu
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"Apple has also threatened to withhold Twitter from its App Store, but won’t tell us why" - Elon Musk $AAPL
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If declines hold this will be the S&P's first 1% Monday decline since 9/26.
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$UNH reiterates EPS/Rev guide ahead of its investor day tmrw - not a surprise, but one of the more reliable healthcare growth stories in the industry. #compounder
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“It’s been a gut punch at the worst time possible for Apple,” @Wedbush Managing Director & Senior Equity Analyst @DivesTech says on the impact of Chinese protests on $APPL stock. “We’re talking shortages in a lot of Apple stores are upwards of 30% in terms of" iPhone 14 models. https://t.co/gN3rNm45gj
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Fed will likely need to keep interest rates above 5% into 2024 to succeed in taming inflation, Bullard says https://t.co/8801OSzXyw
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