Some perspective on the market action (thread) (1/11)
This is the worst start to a year for the $SPX since 1962 so don’t let anybody fool you. This year is TOUGH. (2/11)
This is the first down June since 2015, and the worst June since 2008 (3/11)
The only green sector in 2022 is energy with $XLE +30% and $OIH +27% (4/11)
$ARKK was the poster child for growth… but is now down 57% YTD and down 75% from 2021 high. Cathie Wood went from hero to hated… shows you how much price changes the media mood. (5/11)
Many “blue chip” growth names like $NFLX $PYPL are BELOW pandemic lows set in 2020 (6/11)
Metals were SUPPOSED to be a safe haven… but $GLD and $SLV down on the year (though not as bad as stocks) (7/11)
#Bitcoin $BTC was SUPPOSED to be an inflation hedge… ok I won’t even touch that one (8/11)
$ITB housing down 36% this year after 49% gain in 2021… shows you how times change (9/11)
Remember we are in a marathon, not a sprint. We all have room to improve including ME. Stay hungry, stay humble and you can get better. (10/11)
However… you can avoid bad stocks with my moving average rules. You DO NOT have to stay stuck in losing trades. Get my ebook today: t3live.com/ma-ebook-tw-sc… (11/11)
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