Purchase the Dip is Lifeless

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“The depth of recessions usually are not massively correlated to the dimensions of the S&P 500 declines. The 1970 and 2001 (the mildest) recessions have been very unhealthy for shares.” – DB pic.twitter.com/RUbgqTqIqz

— Sam Ro 📈 (@SamRo) December 15, 2022

With yesterday’s decline within the S&P 500, we have now had 16 down days of 1% or extra.

That is essentially the most 1%+ declines in a calendar 12 months going again to 1952. (Supply: @bespokeinvest)

Not the sort of document we have been hoping to set going into 2022! pic.twitter.com/bE75ae1p9I

— Adam Zuercher (@adamzuercher) December 16, 2022

BTFD is lastly lifeless. When you on the lookout for indicators of capitulation, this is one: retail ETF merchants have as a complete stopped shopping for crushed up ETFs. Fed hikes has lastly crushed them into surrendering and/or promoting the rip as evidenced by inverse ETF quantity spiking through @psarofagis pic.twitter.com/gCftFFAL1e

— Eric Balchunas (@EricBalchunas) December 14, 2022

If we deal with US inventory funds that existed on the time of ARK Innovation’s 2014 inception…what you discover is that, even in spite of everything of this, ARKK’s lifetime return nonetheless beats ~2/3 of these funds. Of these 2,984 funds, 714 not exist and one other 927 lag ARKK’s return. Anyway. pic.twitter.com/gFjjaPT2wU

— Jeffrey Ptak (@syouth1) December 16, 2022

Powell on altering the Fed’s 2% inflation goal: “We’re not going to think about that below any circumstances.”

— Nick Timiraos (@NickTimiraos) December 14, 2022

This can be a US phenomenon. Chronically low stock ranges hold a firmer base below costs than we’ve got seen in different downturns. https://t.co/IgBglZeiv9

— Jonathan Miller (@jonathanmiller) December 15, 2022

Ought to I step down as head of Twitter? I’ll abide by the outcomes of this ballot.

— Elon Musk (@elonmusk) December 18, 2022

Elon Musk says Twitter Blue subscribers would be the solely ones allowed to vote in coverage associated polls

This come after customers voted for him to step down as Head of Twitter pic.twitter.com/1qcAKvGq5K

— Tradition Crave 🍿 (@CultureCrave) December 20, 2022

Twitter has a bug the place suspended accounts may nonetheless use Twitter Areas. Since everybody who is aware of that codebase has been fired, Twitter has shut down the complete Twitter Areas function.

Actually a grasp class in run a social media service. https://t.co/c607zR2iKQ

— carnage4life@mas.to (@Carnage4Life) December 16, 2022

Paul Graham – founding father of Y Combinator, and somebody who was supportive of Elon Musk because the Twitter takeover – introduced he’s taking a break from Twitter, and steered folks can discover his Mastodon account on his web site.

He was banned a number of hours later.

I can’t consider it… pic.twitter.com/zazPrbQi8g

— Gergely Orosz (@GergelyOrosz) December 18, 2022

$MSFT: “Going into the pandemic, we’re ~20 million MAUs. Our most up-to-date public assertion on Groups has been over 270 million MAUs of Groups..About 6 months in the past, we lastly noticed the variety of minutes spent in chat in Groups surpass the variety of minutes that individuals spend in Outlook” https://t.co/48i9QVNwLj

— The Transcript (@TheTranscript_) December 10, 2022

The rising energy of Groups at Microsoft:

“Going into the pandemic…Workplace 365. That was the primary supply of worth for us. Through the pandemic, that modified in a fairly important method…[Teams is] turning into a significant drive in business software program”$MSFT pic.twitter.com/jCwVyP4Rri

— The Transcript (@TheTranscript_) December 10, 2022

LinkedIn CEO @ryros: “Pre-pandemic, ~1% of all jobs posted on LinkedIn have been distant. As of in the present day, that quantity is ~14%…however that is not the fascinating half. What’s fascinating is north of fifty% of all job functions every day on LinkedIn go to that 14% of distant jobs” $MSFT pic.twitter.com/5TQ19UcfIp

— The Transcript (@TheTranscript_) December 10, 2022

Carvana could have simply quietly began liquidating:

The corporate is now promoting its *retail* stock to *wholesale* sellers.

Have a look at the $5,000 worth distinction. Wild instances. pic.twitter.com/fp7PXODEhF

— CarDealershipGuy (@GuyDealership) December 17, 2022

Thanks for the point out! All the time appreciated. One fast clarification: The rationale these success odds appear excessive is bc it solely accounts for funds that lived a minimum of 5 years (as that is wanted to conduct a 5-yr persistence examine). It excludes people who died earlier than hitting 5-yr mark.

— Jeffrey Ptak (@syouth1) December 14, 2022

If we deal with US inventory funds that existed on the time of ARK Innovation’s 2014 inception…what you discover is that, even in spite of everything of this, ARKK’s lifetime return nonetheless beats ~2/3 of these funds. Of these 2,984 funds, 714 not exist and one other 927 lag ARKK’s return. Anyway. pic.twitter.com/gFjjaPT2wU

— Jeffrey Ptak (@syouth1) December 16, 2022

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