Data discoveries of the week. We look at this year’s tech layoffs data, BTC’s comparison with gold, US & UK market data and more
- It’s a bull. It’s a bear. Bull. Bear. Bull…
Here's how each of the previous 12 bull markets looked their first year.
No one know if this one started last month, but it is up 10% the first month, in line with other new bulls. pic.twitter.com/f3T2y8J4bX
— Ryan Detrick, CMT (@RyanDetrick) November 11, 2022
2. Layoffs within the tech world in 2022, as of November
3. Guess what, #BTC is now within touching distance of Gold!
Almost there #gold #btc pic.twitter.com/HAzrpKzgi9
— Gaurav Rastogi (@rustapharian) November 12, 2022
4. Good news from the US #CPI data brings hints of momentum seen in COVID times
5. Consumer Inflation Expectations now moving lower
US Consumer Inflation Expectations are moving lower.
1-Year ahead is now at 5.4%, down from a peak of 6.8% in June 2022.
3-Year ahead is now at 2.9%, down from a peak of 4.2% in October 2021.
Charting via @ycharts pic.twitter.com/9hHifxffEy
— Charlie Bilello (@charliebilello) November 13, 2022
6. US home prices are moving down too.
The median sales price for homes in the US is down 8.4% from the peak in June. The 3.2% year-over-year increase is the slowest YoY growth rate we've seen since July 2020. pic.twitter.com/nMb8lfnh4I
— Charlie Bilello (@charliebilello) November 14, 2022
7. Meanwhile, in the UK, things are still not looking good. The only one in the G7 to report a fall in q-o-q GDP.
The U.K. economy is the only one in the G7 (among the six that have reported data so far) to have seen GDP fall on a quarter-on-quarter basis in Q3. Britain also is the only G7 economy where the quarterly measure of GDP has not already returned to its Q4 2019 level. What a mess. pic.twitter.com/SQtoZaCKAj
— Samuel Tombs (@samueltombs) November 11, 2022
8. The Mississippi River, the economic lifeline of North America, is shrinking due to droughts. This is literally creating traffic jams for the supply chain. This, when there are worries that recession may be upon us.
?? The Mississippi River — the immense, quiet highway that courses down the middle of America, moving critical food, wood, coal and steel supplies to global markets — is shrinking from drought, forcing traffic to a crawl at the worst possible time.
?: https://t.co/mahtytqAwu pic.twitter.com/k0TMO2mVY5
— Bloomberg Graphics (@BBGVisualData) November 10, 2022
9. Just a chart showing returns in 2022 using 3 different strategies with the Volatility Index. #SP500
Performance of 3 strategies this year…
a) Buy S&P 500 when $VIX closes above 30, sell when $VIX closes below 20: +26.7%
b) Buy & Hold S&P 500: -15.1%
c) Buy S&P 500 when $VIX closes below 20, sell when $VIX closes above 30: -33.0% pic.twitter.com/NqB2Gw9WHc— Charlie Bilello (@charliebilello) November 12, 2022
10. For the first time ever, revenue from circulation exceeds advertising revenue for US newspapers. Something for the Indian newspaper industry to take note of, too.
Plot twist! In the US newspaper circulation revenue is now higher than advertisement revenue.
Chart source: https://t.co/atYJMM8QUb
Data source: https://t.co/QDagokr3hq pic.twitter.com/OQGI9cw5eV— Simon Kuestenmacher (@simongerman600) November 12, 2022
11. Glass half full or empty?
? "most underweight tech since 2006"
? (halfway to where it got to in dot-com bust) pic.twitter.com/HCtSR9sNLD
— Callum Thomas (@Callum_Thomas) November 15, 2022
12. Trend showing % of S&P 500 stocks trading at more than their 20-day average.
$SPX % of stocks > 20-day average pic.twitter.com/MblKRlntCF
— Shane C. Murphy (@murphycharts) November 15, 2022
13. The flight of retail traders? Looks like that here
J.P. Morgan
Looks like retail traders, who thought they were investors, have bailed.
What's the saying, it's not over until the retail trader throws in the towel? $SPX $SPY $QQQ $DIA pic.twitter.com/MTX5u74H2B
— Seth Golden (@SethCL) November 13, 2022
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