Stocks gapped DOWN the most ever in March.
Stocks gapped UP the most ever in April.
In 30 years of $SPY, this extreme Vol was *mostly* in transitions between Bull<>Bear markets.
Mean reversion is brutal and markets are merciless – be ready for everything in May.$ES_F $SPX pic.twitter.com/bA6sfmrsdK
— Macro Charts (@MacroCharts) April 30, 2020
https://twitter.com/NorthmanTrader/status/1255954782914740228
would like to see 2200 retest pic.twitter.com/sBenNdtcvi
— Alastair (@StockBoardAsset) April 30, 2020
https://twitter.com/hks55/status/1255968751285080066
S&P500 . ITS OVER!!! pic.twitter.com/0wKyJjidDU
— The Great Martis (@great_martis) April 30, 2020
Tim Cook has no idea what the replacement cycle
of the new normal is going to be.And he’s using $50B on a buyback now.
Such a reckless move IMO— Reminiscences of an American Capitalist (@4Awesometweet) April 30, 2020
Everything you need to know in one chart 😂😂@DiMartinoBooth @frugalprofblog @OpenOutcrier https://t.co/Ifo8JtikNJ
— Reminiscences of an American Capitalist (@4Awesometweet) April 30, 2020
World trade will likely contract by double digit rate in 2020
via @OxfordEconomics @SoberLook pic.twitter.com/by3YTjHZeN
— Gregory Daco (@GregDaco) April 30, 2020
US imports plunging faster than US exports hence the artificial #trade boost to Q1 #GDP growth of 1.3ppt
via @OxfordEconomics @SoberLook pic.twitter.com/lA8OmlUH1b
— Gregory Daco (@GregDaco) April 30, 2020
March personal income -2% vs. -1.7% est. & 0.6% in prior month; personal spending -7.5% (chart below) vs. -5.1% est. & 0.2% in prior month … largest 1m drop for spending in history of series (back to 1959) pic.twitter.com/JGphSC7qsD
— Liz Ann Sonders (@LizAnnSonders) April 30, 2020
J.Crew Prepares to File for Bankruptcy https://t.co/uCEepnz6XR
— Win Smart, CFA (@WinfieldSmart) April 30, 2020
Aren't there enough incentives not to work in this country? pic.twitter.com/uu5CGW4HhU
— Win Smart, CFA (@WinfieldSmart) April 30, 2020
Eurozone GDP contracts by 3.8%, the sharpest drop ever
McDonald’s Q1 earnings fall 17%