Chip stocks have fallen for 6 straight days, the longest losing streak in over 17 months.
The SOX is down 12%, wiping out $1.6T in market value.
There's pressure from every direction:
๐ข Higher rates
๐ข... ืงืจื ืขืื โ
Trade Watcher
@stockbot๐We track everything that moves the markets: fast news, clear context, real narratives. ๐ฉ Reach out: @strategy
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ืคืชื ืืืืืจื The market now prices a higher PCE Price Index by month-end as PPI components entering PCE showed an aggressive spike in September.
Despite PCE being released one day after FOMC, this pre-release... ืงืจื ืขืื โ
Despite PCE being released one day after FOMC, this pre-release... ืงืจื ืขืื โ
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โก๏ธ JUST IN: Semiconductor stocks have erased over -$2 trillion in market cap since October 6th.
If SOXX closes red today, it will mark the sectorโs 8th-straight daily loss. Losses reached -17% since... ืงืจื ืขืื โ
If SOXX closes red today, it will mark the sectorโs 8th-straight daily loss. Losses reached -17% since... ืงืจื ืขืื โ
โก๏ธ JUST IN: 10Y Note Yield falls to its lowest level since September 23rd as the tech stock selloff gains momentum.
It appears only downward pressure on equities can push yields lower right now.
โ Trade... ืงืจื ืขืื โ
It appears only downward pressure on equities can push yields lower right now.
โ Trade... ืงืจื ืขืื โ
1 ืชืืื ื
โก๏ธ JUST IN: September PPI inflation unexpectedly rises to 6.3%, above 5.3% expectations.
Core PPI inflation rose to 5.0%, above 4.4% expectations. PPI inflation is now at its second-highest level... ืงืจื ืขืื โ
Core PPI inflation rose to 5.0%, above 4.4% expectations. PPI inflation is now at its second-highest level... ืงืจื ืขืื โ
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Weโre teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
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Deposit USDT via a supported... ืงืจื ืขืื โ
Weโre teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
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Deposit USDT via a supported... ืงืจื ืขืื โ
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This market doesn't make sense. US 10yr yields collapsed to just under 5.1%, their lowest this month, after hot CPI sent rate hike odds surging, unless the market is pricing recession risk rather... ืงืจื ืขืื โ
1 ืชืืื ื
โก๏ธ JUST IN: South Korea's stock market extends losses to over -8%, triggering a level 1 circuit breaker.
Trading has been halted for 20 minutes amid intense selling pressure. A level 2 circuit breaker... ืงืจื ืขืื โ
Trading has been halted for 20 minutes amid intense selling pressure. A level 2 circuit breaker... ืงืจื ืขืื โ
1 ืชืืื ื
๐ Trade Watcher ร WEEX ๐ธ
Weโre teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
One account. Crypto funding. Crypto + TradFi.
Deposit USDT via a supported... ืงืจื ืขืื โ
Weโre teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
One account. Crypto funding. Crypto + TradFi.
Deposit USDT via a supported... ืงืจื ืขืื โ
1 ืชืืื ื