Massive Global Stock Market Correction In Progress

Every sector is showing systemic weakness…

The Russell 2000 is down -17.24% and the average drawdown for stocks within the index is -36%.$IWM pic.twitter.com/uF4KAzhNul

— Andrew Thrasher, CMT (@AndrewThrasher) January 21, 2022

Quality matters among small caps: Russell 2000 (no profitability filter used) has plunged relative to S&P 600 (profitability filter used) over long term
[Past performance is no guarantee of future results] pic.twitter.com/xNueQHflVI

— Liz Ann Sonders (@LizAnnSonders) January 21, 2022

$NFLX riding off into the sunset on a $PTON.

— Samuel Rines (@SamuelRines) January 20, 2022

$242 million has been liquidated from the crypto market in the past 4 hours.

— unusual_whales (@unusual_whales) January 21, 2022

https://twitter.com/edwardnh/status/1484507990338293764
https://twitter.com/NorthmanTrader/status/1484279270499307529

Bitcoin <$38k #Russia

— Russian Market (@runews) January 21, 2022

IPO Boom of 2021 bad for Investors

The #Nasdaq is back to more extreme oversold conditions and #selling is getting exhausted. Either we are about to have a #crash or a #ripyourfaceoff retracement to resistance. @RealInvAdvice @soberlook pic.twitter.com/kYdXF2ygSF

— Lance Roberts (@LanceRoberts) January 21, 2022

Looking for redemption … investors are increasingly declining to fund SPAC deals, as average redemption rate has climbed markedly thus far in 2022 ⁦@bopinion⁩ ⁦@SPACresearch⁩ pic.twitter.com/mP3ODyCyJn

— Liz Ann Sonders (@LizAnnSonders) January 21, 2022

https://twitter.com/NorthmanTrader/status/1479438938372722688

By a very slim margin, NASDAQ’s drawdown is now worse than its September 2020 pullback and is worst since May 2020
[Past performance is no guarantee of future results] pic.twitter.com/vC15ADXAdm

— Liz Ann Sonders (@LizAnnSonders) January 21, 2022

AC