Posted by Home sales in free fall pretty much everywhere 👇 pic.twitter.com/LFLnHOp3CL
— Gianluca (@MenthorQpro) June 17, 2022
Gold holding well again the rise of yield. Role as safe haven so far seems to be working 👇 pic.twitter.com/gYwhvW4WXg
— Gianluca (@MenthorQpro) June 16, 2022
On Monday, the 126-day rate of change for the Goldman Sachs US Financial Conditions Index increased to the highest level since the GFC.
The 1% club. pic.twitter.com/sMPjtu9nkc
— Dean Christians, CMT (@DeanChristians) June 16, 2022
$SPX $SPY Today the portion of S&P 500 stocks at their 52-week low hit 42%. Levels above 40% are rare (N = 9 since 1985) and point to significantly better days ahead. Odds-on for more drawdowns to endure, but this is essentially capitulation. Fwd data in table & following 👇 pic.twitter.com/a3DIiUDF3L
— Jonathan Harrier, CMT (@jonathanharrier) June 16, 2022