#Sad.
Things started off ok on Tuesday, but by the time it was all said and done, everything was red as the Nasdaq bounce faded:
As you can see, small-caps underperformed. Notably, they're pretty damn rich:
First three-day losing streak for the S&P since August:
#SAD...
"FFFFFFuck"...
And remember: significant drawdowns are becoming an endangered species...
... just like sustained vol. spikes:
The rotation trade came off a bit today with the Nasdaq falling less than the ot
What……was the Plunge Protection Team out on a field trip all day? Perhaps they hopped a taxpayer-funded Gulfstream (along with “Bond Villain” Mrs Mnuchin) to Ft Knox to visit the USA’s gold bars? Were the phones at The Fed down?
That sound you hear is the printing presses getting warmed up. Vroooom, Vroooom.
I know the author loathes to provide anything actionable/practical for the retail investor, but he accidentally provided a gem today in that value v. growth factors chart. I made the move myself in one account; the evidence has been mounting. Thanks for the confirmation – even if it’s provision was unintentional. Good article once you ignore the Trump bashing – and no, I’m not a Trump fan.
Since you’re not a Trump fan, I don’t mind pointing out it was a good article if you don’t ignore the Trump bashing, as well.
I’m not a massive dollar bull but they’re still the only ones on the board hiking rates. Draghi ain’t raising rates any time soon (or far for that matter). The GBP is one and done. The only one I’m more bullish on than the USD is JPY. Any hint of a cut in stimulus and the Yen is rising – also if the shit finally hits the fan in the stock market, the Yen will rise on safe haven status.