Topley’s Top 10 – January 24, 2022

1. S&P and Nasdaq Close Below 200 Day Moving Averages.

S&P below 200 day but above October 2021 lows

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Nasdaq closes well below 200 day and sinks below October 2021 lows

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www.stockcharts.com

2. FANG Index Closes Below 200 Day…-13.5% from Highs

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Long-Term Weekly Chart closes below 50day moving average for first time since March 2020

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www.stockcharts.com

3. Nasdaq -1%+  4 Days in a Row…First Time Since Dot-Com Bust

Nasdaq 100’s Unrelenting Declines Ring a Dot-Com Bust Alarm Bell

Lu Wang(Bloomberg) — Bulls should be glad there were only four days this week instead of five.

To wit, the Nasdaq 100 just did something it hasn’t done since the aftermath of the internet bubble: fall more than 1% in every session of a week. It doesn’t count as a superlative because Monday was a holiday. But for investors caught up in the selloff, it felt like something shifted.

A full week of big down days hasn’t happened since the dot-com bubble burst, first in April 2000 and then in September 2001. Back then, the Nasdaq went on to fall another 28% before the market bottomed roughly a year later.

“If you just look at those two prior instances, right after 9/11 was a brutal market, while the other was the first leg down in the collapse of the tech bubble,” said George Pearkes, a strategist at Bespoke Investment Group. “It’s certainly ominous, isn’t it?”

https://finance.yahoo.com/news/nasdaq-100-unrelenting-drops-ring-214018521.html

4. FANG Stocks Overlay with Central Banks Balance Sheets

Barrons-By

Randall W. Forsyth

This Fed Meeting Is Crucial. Future Rate Hikes Are Just the Start. https://www.barrons.com/articles/stock-market-fed-meeting-rate-hikes-51642784589?mod=past_editions

5. IPO ETF -41% from Highs.

IPO ETF 50 day thru 200 day to the downside on chart

This chart compares IPO ETF to S&P 500 index….The ratio has traded back to Covid 2020 bottom

6. XLE Energy ETF Break-Out.

Energy ETF opposite of broad markets…..50 day thru 200 day to upside…new highs

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7. If Bitcoin Gets No Bounce Early this Week….Next Technical Support $30,000

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BlackRock Plans ‘Blockchain and Tech’ ETF Amid Crypto Meltdown

 

BlackRock Plans ‘Blockchain and Tech’ ETF Amid Crypto Meltdown

Katie Greifeld

(Bloomberg) — BlackRock Inc. is stepping into the arena of cryptocurrency-flavored exchange-traded funds in the midst of a $1 trillion wipeout.

The iShares Blockchain and Tech ETF would invest in companies involved in the “development, innovation, and utilization of blockchain and crypto technologies,” according to a Friday filing with the U.S. Securities and Exchange Commission. If launched, it would be the first crypto-adjacent fund in the largest ETF issuer’s lineup.

https://finance.yahoo.com/news/blackrock-plans-blockchain-tech-etf-220719372.html

8. China Demographic Destruction Happening in Real Time

The GRID-Surveys reveal some of the reasons behind the decline. To begin with, fewer young people, particularly women, even want to get married. In a recent survey of urban Gen Zers conducted by a research institute affiliated with the Communist Youth League, 44 percent of women said they either didn’t want to get married or weren’t sure if they would. The men and women surveyed cited difficulty finding the right partner and a lack of time and energy as reasons for not wanting to marry.

Meanwhile, many married couples are choosing not to have kids for the same financial reasons that worry Liu. In a survey conducted by the China Youth Daily, millennials cited a lack of child care options and financial pressures as their top reasons for not having a second child.

https://www.grid.news/story/global/2022/01/12/what-happens-when-the-worlds-most-populous-country-starts-to-shrink/

Found at Barry Ritholtz Blog https://ritholtz.com/2022/01/weekend-reads-504/

9. The Top 10 and Bottom 10 States for Rearing Children

NY Times

ttps://www.nytimes.com/2022/01/20/realestate/the-best-place-to-raise-a-family.html

10. 6 reasons knowledge is true power!

I’m sure you’ve come across the famous saying ‘knowledge is power!’. Knowledge is so precious that it enriches you in diverse ways. Read my blog post to find 6 key ways you should take full advantage of this opportunity in life or else you’ll miss out on them!

While I strongly believe that ongoing learning is vital, I also find that knowledge is a true blessing and that it should be accessible easily. Learning can also be fun if you choose what to learn correctly and also find the methods that suit you best. So let’s dive into it.

1. Self-esteem

Your self-esteem, self-respect and self-confidence are all reinforced when you’re well-informed. In many life circumstances, being knowledgeable will give you additional power. It gives you the confidence you need!

2. Self-reliance

When you’re proficient, you have the freedom to make decisions on your own. You’re not dependent on others for guidance. You know that you can stand on your own feet.

3. Informed decisions

When you’ve got a good grasp, you’re more apt to take risks as well! You use your knowledge for your full benefit, so you can take calculated risks. Those with less understanding, are likely to be risk-aversive in life.

4. Learn from experts

While you learn from failures and use them to improve yourself, do learn from the experts as well! They’re the ones who are leaders in their respective fields. You’ll find out what works and what doesn’t, based on their experience and teachings.

5. Learn what’s proven

Find the best practices in your professional industry. Learn how to achieve what you truly want in your personal life. Follow hobby courses and much more… The point is that you can see what works best (from others) and save yourself precious time and money.

6. Success

Last but not least, with the knowledge you’re more likely to succeed. Success means different things to different people. However, set the right life goals for yourself, have an action plan to achieve them and learn the skills that will empower you!

Conclusion

Knowledge is indeed power… You cannot fool or take advantage of someone who is accomplished or has access to information. Make the most of learning experiences to make the most of your life! Do you have any tips to share? Please post a comment below. If you know anyone who could benefit from my blog post, please share it. Thank you!!

Photo/Image courtesy: Canva

https://tipsfromsharvi.com/2019/11/22/knowledge-true-power/