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Last week, the S&P 500 recovered half of the bear market losses.
This is a very good sign, as stocks have never moved back to new lows after this happened.
In fact, a year later, higher every time and up 19.3% on average as well. pic.twitter.com/urVW2yeO7x
— Ryan Detrick, CMT (@RyanDetrick) August 18, 2022
1/4 – A few highlights from @MorningstarInc‘s July U.S. Fund Flows Report.
July marked the 4th consecutive month of outflows from U.S. mutual funds and ETFs–the longest streak in our data set, which begins in 1993. pic.twitter.com/uRpRq298n5
— Ben Johnson, CFA (@MstarBenJohnson) August 17, 2022
The streak for bond mutual fund outflows is finally over after 24 weeks that added up to (record smashing) $323b in YTD outflows they finally saw some inflows last week. Small, but good sign IMO as this has been a weight on market. pic.twitter.com/jEhrIGkNfa
— Eric Balchunas (@EricBalchunas) August 15, 2022
Nearly half of thematic ETFs have negative since inception returns (pot/psyche ETFs = brutal) yet only 16% of the aum is underwater AND they’ve still managed to take in flows in 2022 vs $550b in outflows for active as a whole. Good sign for long-term viability. via @tpsarofagis pic.twitter.com/azVqLq3Xls
— Eric Balchunas (@EricBalchunas) August 19, 2022
84% of Gen Z want a housing crash to happen to afford a home, per a report by the Consumer Affairs.
— unusual_whales (@unusual_whales) August 21, 2022
Man, retail inventories have been around the block.
(via B of A) $RLX pic.twitter.com/UwrrH3aXkl
— Carl Quintanilla (@carlquintanilla) August 22, 2022
Macy’s beats, guides lower, nails just about the entire suggested Earnings Release Draft written up yesterday (“Congrats, tough environment, cautiously optimistic”).
Shares slightly higher early on being predictable, not cancelling Christmas and low expectations. $M pic.twitter.com/xaxPvo3T6M
— Jeff Macke (@JeffMacke) August 23, 2022
FTX generated more than a billion dollars in revenue last year: CNBChttps://t.co/5Mwlg7T4JE
— The Block (@TheBlock__) August 20, 2022
Last night’s #HouseoftheDragon premiere drew 10 million viewers, making it the most-watched series premiere in HBO history. pic.twitter.com/6u5yg3IQ2Z
— Rotten Tomatoes (@RottenTomatoes) August 22, 2022
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