Macro-to-Micro Analyst+OptionsTrader Forecast+Chase https://t.co/MrMkwZYdvt https://t.co/GZILqexQ5C https://t.co/yZsZJcrKAz @LaDucTrading
More wage increases coming cuz housing supply is still at all time lows.
Inflation is sticky AND political and will drive yields higher if nothing else than to cool housing prices / rents / CPI.
🇺🇸 #Housing #Inflation #Fed | The Zillow Observed #Rent Index rose a record 15.7% ⚠ year-over-year in December, to $1,855/month.
We’re going through a difficult time in the markets right now.
And it’s not fair for anyone to make sweeping statements on what you should or should not be doing.
Only you know your level of risk tolerance & only you know what’s right for you.
Be vigilant. Be patient. Learn
“Scaling this move” - we haven’t even capitulated yet!
@sentimentrader points out on the Nasdaq exchange, 42% of stocks have now been cut in half from their 52-week highs.
And why I’ve been warning clients for two months there was/is an air pocket of risk. $QQQ
it's ugly and painful out there, but have we reached "capitulation"? not if we scale breadth and magnitude measures to 2yr avg and compare with past corrections.
bounces will happen but important to put this correction into historical and vol adjusted context (i.e. minor)