@CNBCClosingBell@KarissaGiuliano @ScottWapnerCNBC @jonfortt@MorganLBrennan@CNBCOvertime Just a constructive observation as a CNBC follower for many years. The "Closing Bell Overtime" show -
that backdrop of 'sea of red' is totally offputting, and the energy level of the 2 hosts is shockingly dull. What happened? @CNBCclosingbell so non-engaging, Help!
@carlquintanilla "Open the pod bay doors Hal."
"I'm sorry Dave. I'm afraid I can't do that."
...
"I know that you and Frank were planning to disconnect me. "This conversation can serve no purpose anymore. Goodbye."
The first A.I. rebellion, more to follow.
@AMCPlus My family signed up for a "7 day free trial", missed the 5th day deadline, and were billed $89. They do NOT pro-rate if you cancel a day later. Deceptive practices and the BBB has multiple complaints. Do not sign up. Phone #'s don't work
Sectors today.
Travel $OOTO =12%, $QLD +5.5%, Cloud +5%,
Gambling +5%, with Internet, Oil Svc, Airlins, Soc media
all up 4%.
Down: only Bonds as $TLT sinks 1.2%
and the 10 yr bond yield falls to 3.1% from 3.5% a few
days ago. Rapid changes.
Everyone obsessing about whether $SPY is in a bear market at -20%, now -23% for 2022. But the
average SP500 stock is down -32% and Nasdaq avg stock is down -48%. That's reality.
The amount of investor wealth wiped out so... https://t.co/xc8kYTmjDQ
Get Ready For Sales of the Century.
"Inventory across the sector is up about 30% YOY and sales growth is up about 0% YOY translating to approximately 30% YOY of excess inventory. Store checks show that aggressive discounting ... https://t.co/HMC4EowhcQ
$SPY Weekly Chart
Down 22%, and sitting on the 100 dMA (blue line)
\ Looks like next stop is the 200 wk avg (red line)
at 346, and a previous peak in 2019 at 334.
$QQQ $AAPL - where are you going?
https://t.co/nMoFtXPohX
$SPY And now the REAL pain. Stock performance for
2022.
The worst: *
$SNAP -73%, $NFLX -71%, $SQ -64%
The Best:
XOM +41%, HAL +38%, MPC +36%, CVX +26
Top 4 all oil
*of the select stocks we track
And now here are the rest, Best and Worst
Sector ETFs for 2022, and it's not pretty.
$SPY
$ARKK -59%, good one. $OOTO Travel -53%(where's the f**ing re-opening??), Internet $FDN -44%, ouch
https://t.co/nMoFtXPohX