XOM...near 100% increase in the PPS in only four months...never even happened in 2008 with Crude Oil reaching $147.....LOL.
Bearish
M
From: Bloomberg
Cathie Wood’s ARKK Sinks 20% From Peak as Tech Sells Off
The main fund from Cathie Wood’s Ark Investment Management extended its drop from a February peak to 20%, highlighting a swift turnaround for the formerly high-flying stocks favored by the firm.
The $24.6 billion Ark Innovation ETF (ARKK) tumbled 6.3% on Wednesday alone as growth stocks such as Pinterest Inc. and Zillow Group Inc. took a beating. The Nasdaq 100 Index lost almost 3% as traders turn away from tech in favor of so-called value stocks that had underperformed during the pandemic, bringing its losses since a peak last month to 8.1%.
M
Pull up a weekly chart.... price on SPY isnt even near the 20 MA on the weekly TF yet.... 368 zone... there could be WAY more downside....
w
Checking in I like what I see futures are GREEN at highs of the morning, we get a repeat of last Friday. Fridays are 98% of the time Green. Turnaround Friday
w
Today question is not if we will be green but by how much 2 or 3%, I say markets should be up by 2.5% at least, Nothing has changed every pullback is just another buying opportunity, Markets are way oversold & today will be the reckoning day. Enjoy cheers
J
great news, the job increases came from RED states!!!
C
This is about the time that people go from fear to massive opportunism at the carnage of buying opps. We lived thru much higher rates and tech was fine $sq $pypl $dm $amZn $aapl
M
Today's post Jerome's blabber-jabber action was pfuggly on steroids, following some quite pfuggly days. So, the reaction might've triggered the washout that the major equity indices needed. If today's hellacious drop was not the needed washout, then the washout is close in time, at least that's what my odds-making machinery is saying.
W
here we go again.. gap up on premarket thin volume, then dump on retail during normal trading hours on big volume.
M
I wouldn't be surprised to hear Jerome start laying some jawboning on the bond market, trying to walk back some or all of the dovishness that he showed, during today's WSJ Jobs Summit Q&A.
R
The number of experts posting comments here is amazing. I listen to them all.
Yesterday I bought, sold, and went to hide out the apocalypse in the desert. Let's see what their advice is for today.
a
Whose idea was it to let Tesla into the S&P 500?
T
Feddy is now way behind the curve....they need to raise their Discount and EFFR rates.....LOL.
R
Are the markets crashing now as a passive aggressive way of telling Powell to pump more money in?
D
7% GDP.........and 0% Interest Rates.............lol.........ONLY IN A RIGGED FED. WORLD ......do those two exist together.
D
Yepi........!!. 285,000 .....Bartenders and Waitress Jobs........while China ads Engineers and Scientist to their payrolls.......MAKE AMERICA.......service workers.....GREAT again....!!
C
People wanted negativity and cheaper prices here we are. Value stocks working today
J
Wow! What a gift! Short at the open!! Buy some puts, easy money.
Bearish
A
Market is going to Crash on Monday if set up remain same for Friday closing. Buy some OTM puts at close today for Wednesday If we close at or near lows. Just my 2 Cents, do your own due diligence.
Bearish
H
Just like last night futures on all indices are down almost 1%. But look what happened, Fed Orwell st. Criminals had market Green @ open. Let's see what tomorrow brings...
Cathie Wood’s ARKK Sinks 20% From Peak as Tech Sells Off
The main fund from Cathie Wood’s Ark Investment Management extended its drop from a February peak to 20%, highlighting a swift turnaround for the formerly high-flying stocks favored by the firm.
The $24.6 billion Ark Innovation ETF (ARKK) tumbled 6.3% on Wednesday alone as growth stocks such as Pinterest Inc. and Zillow Group Inc. took a beating. The Nasdaq 100 Index lost almost 3% as traders turn away from tech in favor of so-called value stocks that had underperformed during the pandemic, bringing its losses since a peak last month to 8.1%.
Yesterday I bought, sold, and went to hide out the apocalypse in the desert. Let's see what their advice is for today.
Buy some OTM puts at close today for Wednesday If we close at or near lows.
Just my 2 Cents, do your own due diligence.