๐บ๐ธ US Growth Will Exceed Expectations In 2021https://t.co/5W48c1Ll1q
— Christophe Barraud๐ข (@C_Barraud) February 1, 2021
Last Friday's decline ended a streak of 58 trading days where the S&P 500 closed above its 50-day moving average. https://t.co/DcDG4WLSXr pic.twitter.com/2eYva8VSRI
— Bespoke (@bespokeinvest) February 1, 2021
Hedge funds have engaged in shedding some risk this past week, but & net exposure still remain quite elevated @SoberLook @GoldmanSachs pic.twitter.com/oZCEuXVZqR
— Liz Ann Sonders (@LizAnnSonders) February 1, 2021
This chart by DB shows there is strong evidence that Januaries often set tone for year. Of 149 Januaries before 2021 there were 53 neg first mths. Of these, 31 (58%) went on to see neg full yr performance w/avg of -14.8%. Overall avg full year chg for these 53 neg Jan's was -2.4% pic.twitter.com/R76T3g9wZG
— Holger Zschaepitz (@Schuldensuehner) February 1, 2021
Another record for the history books:
Last week was the highest $VIX *ever* for an $SPX decline of 0-5%.
It's off the chart & not even close โ this is a nervous market with emotions running high.
Welcome to 2021. pic.twitter.com/G37fpcroVj
— Macro Charts (@MacroCharts) February 1, 2021