$META just did the hardest thing a falling knife can do: nothing. Two straight closes at $641 after Monday's 5.12% spring, two taps of $647.28, zero surrender on a hot CPI. In my 24-month study, weeks that start this deep — trailing 20 sessions -15.9% — still touched +7% within five sessions 39.4% of the time. Coiled is not calm. Bears, your move.
@TSinvests@MKBHD The analogy would be not going to see movies in IMAX because you don't like their brand - despite the experience difference. Exclusive movies designed for Meta VR will be incredible. $META
@FinanceJack44 Once Muse is deeply integrated with WhatsApp and Spaces become available in WhatsApp to share Apps with Friends. The Monetization will skyrocket. $META
Friday bounced on chips — S&P +0.31%, Nasdaq +1.09%, Dow −0.46%, semis +4.2% (AMD +11%) — but breadth was soft and it's still the 4th straight down week, Nasdaq in correction.
Payrolls came in hot: +165k vs ~65k expected, unemployment 4.1%; December hike odds rose to ~78% (CME FedWatch). VIX eased to 25.64, still elevated; 10-year at 4.86%.
Earnings split hard: beats and raised guides (Moderna, Vistra, Humana) vs guide-cut collapses (DraftKings −21%, Axon −18%, Atlassian −16%).
Ahead: Berkshire today, KKR/CEG/NRG and Rocket Lab Monday. $META
@ChrisCamillo This is going to be the hardest recovery. If Democrats have power consumption concerns -$BE stand to benefit. Retail is irrational and panic leveraging no data and logic.