Friday, January 28, 2022

do we have the Jan bottom in Jan ..?

 funny ... huh ... looks like Fed fiasco is over w/ first hiccup of 12.5% ..!

causing yield curve inversion ... distortion .. whatever ... but this market needs to be tread w/ caution.

Thursday, January 27, 2022

Monday, January 24, 2022

Friday, January 21, 2022

NFLX lacks subscribers growth ...

down 20% ON ... acknowledges competition in streaming business

SPX near 200SM; last time SPX touched 200SMA was pre-Covid (Nov 2019) except in early Covid when it penetrated and then reflected for a solid TA

NASDAQ down 12%

BTC 67K - 37K; 45% down


Wednesday, January 19, 2022

TNX hovering at 1.9 ...

with rising rates, imagine what can/will happen to all those securities ($9T world-wide) which have yielding negative rates ?

SPX touched 4535 ON, 5.67% down from peak, NASDAQ retreats from 10% mark 

Tuesday, January 18, 2022

builders confidence down ...

 due to material costs going up & so do 30 year mortgage  up a full 1% since Nov last year

TNX 1.813

SPX settling at 4600

Friday, January 14, 2022

feeling guilty of carbon foot print and buying ESG ..?

& paying more for the same companies like Alphabet & Microsoft ... smart move or quilt recovery of human behavior ..!

Dec RS down big time, market drops pre-open

early XMas

covid 

supply chain 

inflation 

energy costs 

or just President Biden

your pick ..?

consumer sentiment ...not so good, but that's post XMas

Monday, January 10, 2022

SPX down 5%

down 7th time in 8 days

NASDAQ down 8.6%; close to 200SMA

TNX 1.8+ - a new high ...

BTC touched 40K briefly

Wednesday, January 5, 2022

post FOMC minutes ...

 NASDAQ down 4%;  SPX down 2% from recent high

funny how change in rates may cause havoc in those spreadsheets,  which had low rates embedded in them

Dec ADP 807K

 SVC PMI  57.6 (+)

mortgage rates are 9 months high & loan demands are dropping

Tuesday, January 4, 2022

market sets intra-day high despite ...

 daily 1M Covid cases ...

Teenies rising 1.684 from 1.5

ISM came lower than expected ...

APPL is $3T mktCap and Buffett owns 5+% of it  ... now that's amazing ..!

once a tech darling, Blackberry is dead ... technology RIP  ..!

& with rising rates, is tech giving up ... ?

Monday, January 3, 2022

a good start to 2022 ..!

TSLA up 13.5% in a day ... post 1T mktcap

APPL $3T mktCap

despite rates jumping to 1.63 (7.7% up)


Corona has caused baby bust ..!

 an opposite to baby boom that occurred in post-WW era ...

contrary to general belief that people staying home would cause a rise in population, as they would have more free time, whereas the reality is opposite ... we are facing a population bust & a drop in labor participation ... is a major concern to run these high-flying economies WW

TSLA opens 2022 w/ 10% rise; Isn't SPX lucky to have the stock in it ..?