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Ryan Detrick, CMT
RyanDetrick
How rare was Friday? More than 300 stocks in S&P 500 were green, yet the index was down 0.9%. Using data back to 1998 that happened only ONE OTHER TIME. 10/2/20 saw 313 stocks up, but it fell 1.0%. Again, things are improving under the surface if you look at the data.
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Carl Quintanilla
carlquintanilla
KOLANOVIC: Stock market “could stabilize near-term. Beyond this, however, we think the sell-off has further to go. We remain concerned about continued complacency in equity valuations, inflation staying too hot, further Fed repricing, and a profit outlook where the implied… pic.twitter.com/BrvKCyZRKH
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ET NOW
ETNOWlive
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Holger Zschaepitz
Schuldensuehner
To put things into perspective: In the US, the risk-free yield is now higher than the risky stock market yield. 10y US yields have jumped to 4.62 this week while S&P 500 earnings yield (1/PE ratio) trades at 4.21%. pic.twitter.com/Rig019YxVA
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