Has the $IWM / $SPY ratio (S&P 500/Russell 2000 Small Caps) finally reached oversold territory, as #tech takes a breather & the broader market looks to soak up some of the liquidity flows? 🔄📈
2/🧵 Looking at the latest @CNNBusines “Fear & Greed Index”, the markets are still maintaining their GREED readings on the back of last weeks Thurs - Fri #StockMarket reversal rally that was triggered (all, or in-part) on the back of @federalreserve (non-voting) member Bostic’s… twitter.com/i/web/status/1…
3/🧵 Here are the rest of of the “7 Fear & Greed Indicators” (per @CNNBusiness): 🐂📈 vs. 🐻📉
4/🧵 Here is an update on #StockMarket breath, as we did see a pause on selling pressure as market breadth picked up Thursday into Friday’s close… $SPY $SPX
🟣 >20 Day (Current: 38%, Previous: 18%) 📉
🔵 >50 Day (Current: 51%, Previous: 44%) 📉
🟠 >200 Day (Current: 60%,… twitter.com/i/web/status/1…
🗓 Daily #Macro & Market Recap 📰 Let's dive into a quick thread recapping some of today's market moving events 🗞, data 📝, & charts 📈📉 for Friday (03/03/23)… 🧵/👇🏼
Here's a thread of (6) charts 📊 that are worth nothing from this last week's @MorganStanley Global Investment Committee (GIC) Weekly Report (01/30/23)... 🧵/👇🏼
1/🧵 "In the short run, flows, sentiment, positioning & technicals can be powerful drivers, while over the longer term, fundamentals like growth, profitability & productivity are critical, as are earnings surprises." @MorganStanley
2/🧵 "But sometimes, & for extended periods, markets can settle on one particular thesis, no matter how narrow or implausible." 📊h/t @MorganStanley@GoldmanSachs $MS $GS @Bloomberg
Wondering about latest news 📰 in the #realestate#housingmarket 🏡💵 with pricing, #interestrates, etc.? Here's an updated thread for January 23' that includes all the latest macro/market data... 🧵/👇🏼
@PwC@PwCUS just released their 2023 Annual Global CEO Survey — here's a thread of the top takeaways from the survey, including the fact that "40% of CEO's don't think their companies will be 'economically viable' in the next 10yrs"... 🧵/👇🏼
2/🧵 "#inflation and #macroeconomic volatility stand out more prominently than other key threats in the next 12 months than over the next five years." @PwC@PwCUS
📈Chart Update📉 Here's the latest "40-Bar Cycle" chart on $SPY — including analysis on MACD buy/sell signal(s), breakout of the consolidation range, major support/resistance levels, & more...