Today's Market 5/16-22

This week’s earnings calendar. Big retails are reporting this week: Walmart, Target, Home Depot and Lowe’s.

Continue slaughtering of tech stocks.

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Isn’t the music of the video more gripping than the visuals.?

Sentiment is bearish.

10 dma of put/call ratio. Not at pandemic high last year but approaching one year high.

Fear and greed at 38. Interestingly it’s more fearful than same time last year.

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These guys are always fun.

Face ripper.

Odds of a melt-up in the stock market are rising as institutional investors raise $297 billion in cash, Fundstrat’s Tom Lee says

Lee is cautious on technology stocks and said investors should use any strength to reduce exposure to the sector.

:man_shrugging:t3:

communication sector was up as well today. Materials and Finance were worst.

Some green shoots :slight_smile:

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The growth and SPAC names are quietly waking up while you guys are busy day trading the indices. I have written a few times on SoFi. Over 42% of its floats are shorts according to yahoo and it did quite well in the last 5 days.

Upstart up 49% in the last 5 days.