Emory Hendrix, AAMS®

@MikeZaccardi The one in late ‘22 was tough after a false recovery rally.

The S&P 500 loves 19% drawdowns

@WayneWhaley1136 Nice avg return in 6 and 12 mo fwd bucket but you gotta earn it with/through higher volatility.

@FrankCappelleri Can you show 2020 to present? Are these on close prices (not intraday)?

$SPX Biggest drawdowns since 2023.

@Bluekurtic On a closing basis I’m guessing? Intraday was deeper than-20%. Thanks.

@emory_hendrix The decline that time was around 18%.

Bad news for bears: It’s been "only" 1,087 days since the last 20% drawdown. History says it can go much longer. After 1987, #SP500 rallied 4,494 days before the next 20% drop. Post 2009, it ran 3,999 days. So bears can either wait for their year or just buy $SPX and forget.

@BlairjWheeler “Let’s get the wives together for dinner soon.”

A guy at my club just said “we should do dinner sometime” and I replied “absolutely.” It’s the suburban male version of “let’s keep in touch.” We will die having never eaten a single bite together.

@fried_egg_golf @wesleybryangolf 👀

Have you ever seen anything like this?! 😂

@lukebjax @TronCarterNLU If you were anywhere near Bryson or “major” groups it certainly bottle necked at times. Maybe the free food market took people out of the VIP areas. Plus, those are all corporate anyway and it was a Friday. Crowds look better today.

@TronCarterNLU I was there. It was slammed.

I’m worried about “pro golf-starved” Charlotte - those hospitality boxes on 14-18 were completely empty yesterday/today. Guess it was humid/hazy + it’s a weekend crowd? The USGA is the big winner so far this week. Golf fans are going to be FROTHING for a proper major at Oakmont.

@JaysonNickol Move to SC!

When does your golf season start? I swear ours starts last… 😞

@EquityClock What’s most compelling here? The RS breakdown to SPX?

Signs of upside exhaustion in growth sectors has made the market vulnerable to pulling back in the near-term, a scenario aligned with seasonal norms. equityclock.com/2024/02/20/sto… $SPY $QQQ $VTI $OEF

@Barchart @allstarcharts 👀

77% of S&P 500 $SPX stocks are now trading above their 100D moving average

@allstarcharts A lot of my buddies Spatchcock on a smoker.

I’ve never butterflied a Turkey for thanksgiving. But I saw a guy on YouTube do it and seems like it might be the move. Do I go full Spatchcock? I’m using an oven. Any advice?

@SethCL What RSI time period are you using? How many days (on RSI)?

Highest 5-day RSI for S&P 500 of the year and well overheated at 90+ Goldman Sachs: CTAs are sellers over the next week. All they need is a catalyst... $SPX $SPY $QQQ $NDX $DIA

@GungaNagunga @chasingscratch0 @ChasingLenny Maybe go in a little easier with a #bacongate inquiry

@chasingscratch0 @chasingscratch0 @ChasingLenny meeting my new CEO on Thursday. Thinking about asking if he’s #TeamPolarBear or #TeamShark ? It’s been a good run but it’s an important question. Enquiring minds … need to know. #Fired #Worthit 😜

@allstarcharts Still in a commodity super cycle?

Here are the sector returns since the S&P500 bottomed last year. Only the people who completely missed it will tell you this has been a bear market...

@RyanDetrick What did this look like last yr?

NBER looks at 6 indicators to determine if we are in a recession or not. Short answer is there's absolutely no recession now or in the near future. Very strong industrial production, consumption, and wholesale/retail sales the past 3 months leading the way.

@MarcWYFFNews4 @coach_jeffscott When does the Netflix series drop?

.@coach_jeffscott called 4U soccer 'probably the most challenging coaching job' he's had The film don't lie; you can't miss these outtakes😂😂

@DKellerCMT Watching this video on @StockCharts right now. Do you post daily? Is there a weekly recap? Thanks!

There are times when the "Magnificent 7" all trade about the same... then there are times when there is a clear differentiation between what's working and what's not. This is one of those times. $NVDA $AAPL

@LIVGolfNation @chasingscratch0 “Grand Traverse” 👀

Our Northern Michigan Golf Trip is complete, here are the rankings: 1. Arcadia Bluffs - Bluffs Course 2. Belvedere Golf Club 3. Boyne Highlands - Arthur Hills 4. Bay Harbor Golf Club 5. Grand Traverse Resort - The Bear 6. Boyne Highlands - The Heather 7. Boyne Highlands - Donald Ross Memorial 8. Arcadia Bluffs - South Course 9. Treetops - Premier 10. Boyne Mountain - Alpine Course 11. Boyne Highlands - The Moor 12. Crooked Tree Golf Club Rained Out: Forest Dunes Golf Club, The Loop (Black)

@RenMacLLC Excellent chart!

Technically, yields are in an uptrend, and upon breakout count as high as ~5.40%. The good news is that real yields are at levels that have consistently provided yield relief and a peak in nominal rates. Who prevails, history or trend? We tend to use both sequentially. $TLT