Trump:
"There could be a little disruption. Look, what I have to do is build a strong country. You can't really watch the stock market. If you look at China, they have a 100 year perspective. We go by quarters. And you can't go by that." Source: Aaron Rupar @atrupar on X
Is there a world where we revisit the COVID low trendline support in 2025?
Hard to imagine, but not impossible... 😶 $SPY Source: Trend Spider
S&P 500 PULLBACK
If the current pullback is going to devolve into a correction, it should happen relatively quickly. Historically, 76% of S&P 500 corrections play out w/i a 60-day window (mid-April). About half are done in <40 days (late-March). Source: 3F Research Group, Warren Pies @WarrenPies on X
It's official: the 2nd longest uptrend in the history of the Nasdaq 100 Index has ended with the first close below the 200-day moving average in nearly 2 years
Source: Charlie Bilello
🚨This is getting SERIOUS:
The Magnificent 7 is down over 15% since the peak, nearly matching the early August crash drawdown. 10 days performance: $TSLA -25% $NVDA -21% $AMZN -10% $GOOGL -9% $AAPL -7% $MSFT -5% $AAPL -5% When will we see the capitulation? Source: Bloomberg, Global Markets Investor
Year 3 of a bull market tends to be messy, and the current bull market is behaving as expected.
Source: Grant Hawkridge @granthawkridge
⚠️The famous Trade War Cycle is back in full swing...
Source: Global Markets Investor
‼️Global economic policy UNCERTAINTY is skyrocketing:
Economic policy uncertainty index based on news articles spiked to the highest on record. This exceeded the 2020 Crisis peak. US tariffs and deteriorating economy are among the major concerns and add to investors' angst. Source: Global Markets Investor
