1. For Traders….Oversold Short-Term
Technicals still negative intermediete term but short-term RSI 22 getting well oversold
QQQ-Short -term RSI 22
2. Plus….Nasdaq Investor Sentiment Lower than Covid
Dave Lutz Jones Trading–Mark Hulbert Noted Friday Nasdaq investor sentiment is worse now than it was in March 2020 – “That’s an extremely aggressive bearish posture.” (Bottom 1.8% of ALL days since 2000) – “Minus 67.2%, which means that the average Nasdaq-focused stock market timer is recommending that clients allocate two-thirds of their equity trading portfolios to going short”
3. History of Rough Starts for the Nasdaq
4. Crypto Universe Valuations Cut in Half.
5. This is a Big Year for Crypto Regulation
White House Is Set to Put Itself at Center of U.S. Crypto Policy Jennifer Epstein, Jenny Leonard & Allyson Versprille 04:00 AM IST, 21 Jan 2022 05:09 AM IST, 22 Jan 2022 Save (Bloomberg) — The Biden administration is preparing to release an initial government-wide strategy for digital assets as
Read more at: https://www.
Copyright © BloombergQuint
6. MSTR $1200 to $350…-36% YTD.
MSTR actually hit $2000 back in 2001
7. Fund Managers Allocation to Commodities the Highest Ever
Commodities: Fund managers are very long commodities.
Source: BofA Global Research
The Daily Shott
9. U.S. Political Party Preferences Shifted Greatly During 2021
- Preferences shifted from nine-point Democratic advantage to five-point GOP edge
- Average party preferences for all of 2021 similar to past years
- Largest percentage of U.S. adults identify as political independents
WASHINGTON, D.C. — On average, Americans’ political party preferences in 2021 looked similar to prior years, with slightly more U.S. adults identifying as Democrats or leaning Democratic (46%) than identified as Republicans or leaned Republican (43%).
However, the general stability for the full-year average obscures a dramatic shift over the course of 2021, from a nine-percentage-point Democratic advantage in the first quarter to a rare five-point Republican edge in the fourth quarter.
Line graph. Quarterly averages of U.S. party identification and leaning in 2021. In the first quarter of 2021, 49% of U.S. adults identified as Democrats or leaned Democratic, while 40% identified as Republicans or leaned Republican. In the second quarter, 49% were Democrats or Democratic leaners, and 43% were Republicans and Republican leaners. In the third quarter, 45% were Democrats and Democratic leaners, and were 44% Republicans and Republican leaners. In the fourth quarter, 42% were Democrats and Democratic leaners, and 47% were Republicans and Republican leaners.
These results are based on aggregated data from all U.S. Gallup telephone surveys in 2021, which included interviews with more than 12,000 randomly sampled U.S. adults.
Gallup asks all Americans it interviews whether they identify politically as a Republican, a Democrat or an independent. Independents are then asked whether they lean more toward the Republican or Democratic Party. The combined percentage of party identifiers and leaners gives a measure of the relative strength of the two parties politically.
Both the nine-point Democratic advantage in the first quarter and the five-point Republican edge in the fourth quarter are among the largest Gallup has measured for each party in any quarter since it began regularly measuring party identification and leaning in 1991.
- The Democratic lead in the first quarter was the largest for the party since the fourth quarter of 2012, when Democrats also had a nine-point advantage. Democrats held larger, double-digit advantages in isolated quarters between 1992 and 1999 and nearly continuously between mid-2006 and early 2009.
- The GOP has held as much as a five-point advantage in a total of only four quarters since 1991. The Republicans last held a five-point advantage in party identification and leaning in early 1995, after winning control of the House of Representatives for the first time since the 1950s. Republicans had a larger advantage only in the first quarter of 1991, after the U.S. victory in the Persian Gulf War led by then-President George H.W. Bush.
https://news.gallup.com/poll/388781/political-party-preferences-shifted-greatly-during-2021.aspx
10. Quotes on Courage
When it comes to why I so enjoy reading the quotes of others, here is yet another quote to explain why:
“I quote others only the better to express myself.” Montaigne
Please enjoy these quotes on Courage.
The Quotes
It is better to live one day as a lion, than a thousand days as a lamb. Roman Proverb
You don’t develop courage by being happy in your relationships everyday. You develop it by surviving difficult times and challenging adversity. Epicurus
It is curious-curious that physical courage should be so common in the world, and moral courage so rare. Mark Twain
Everyday courage has few witnesses. But yours is no less noble because no drum beats for you and no crowds shout your name. Robert Louis Stevenson
Moral excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate acts, brave by doing brave acts. Aristotle
Without courage, wisdom bears no fruit. Baltasar Gracian
He who loses wealth loses much; he who loses a friend loses more; but he that loses his courage loses all. Miguel de Cervantes
Clear thinking requires courage rather than intelligence. Thomas Szasz
We could never learn to be brave and patient if there were only joy in the world. Helen Keller
Courage is going from failure to failure without losing enthusiasm. Winston Churchill
The greatest test of courage on the earth is to bear defeat without losing heart. R. G. Ingersoll
Courage is not defined by those who fought and did not fall, but by those who fought, fell and rose again. Anonymous
Take a chance! All life is a chance. The man who goes farthest is generally the one who is willing to do and dare. Dale Carnegie
Life shrinks and expands in proportion to one’s courage. Anais Nin
One man with courage makes a majority. Andrew Jackson
Courage is not the towering oak that sees storms come and go; it is the fragile blossom that opens in the snow. Alice M. Swaim
Courage is reckoned the greatest of all virtues; because, unless a man has that virtue, he has no security for preserving any other. Samuel Johnson
Sometimes even to live is an act of courage. Lucius Annaeus Seneca
Courage is the power to let go of the familiar. Raymond Lindquist
True courage is not the brutal force of vulgar heroes, but the firm resolve of virtue and reason. Alfred North Whitehead
There is no such thing as bravery; only degrees of fear. John Wainwright
Courage is the fear of being thought a coward. Horace Smith
Have the courage to live. Anyone can die. Robert Cody
We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. Plato
Courage is the ladder on which all other virtues mount. Clare Booth Luce
The world is in a constant conspiracy against the brave. It’s the age-old struggle-the roar of the crowd on one side and the voice of your conscience on the other. Douglas MacArthur
It is only through labor and painful effort, by grim energy and resolute courage, that we move on to better things. Theodore Roosevelt
Be courageous! Have faith! Go forward! Thomas Alva Edison
He conquers who endures. Persius
Keep your fears to yourself but share your courage with others. Robert Louis Stevenson
Fear is the father of courage and the mother of safety. Henry H. Tweedy
It takes courage to grow up and turn out to be who you really are. e.e.cummings
The first of all qualities of a general is courage. David McCullough
Courage is nothing less than the power
To overcome danger, misfortune, fear, injustice,
While continuing to affirm inwardly
That life with all its sorrows is good;
That everything is meaningful even if in a sense
Beyond our understanding;