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12/31/2021 |

Market Update Into 2022: Ringing in the Near Year

As we enter 2022, the markets traded relatively flat during the last week of 2021. As tax-loss selling finally comes to an end, will this be what some names need to start 2022 off fresh, or was this just an excuse for weakness in many names across the board?

Weekly Analysis

This week, the $SPY ETF closed at $475.12 (+0.93%) to end 2022.

$SPY daily and monthly charts.

This week the $QQQ ETF closed at $397.85 (+.23%) to end 2022.

$QQQ daily and monthly charts.

This week the $IWM ETF closed at $222.57 (+.19%) to end 2022.

$IWM daily and monthly charts.


Top Twitter Posts This Week

$TSLA chart by @BlueMoonTrades on Twitter.

$SNOW chart by @YocumsOptions on Twitter.

$RBLX chart by @BULLISHBRS on Twitter.