Feb 21, 2022 • 3M

Market Thoughts - 02/21/2022

Open in playerListen on);

Appears in this episode

Nick Conn
Bringing you insight on technology, crypto, and stock market investments.
Episode details

Hello Investors,

I wanted to shoot you a little update on some market trends and news that caught my eye. Keep in mind these are subject to change every day. The financial markets are very over-reactive. Any slight news can destroy the thoughts here.

We didn’t have a market thoughts release last week. Super Bowl Sunday, my poor Bengals. We’ll get ‘em next year.

Market Recap

The US Stock Market is closed on Monday, February 21st, for President’s day. The long weekend, along with investors being nervous about gaining tensions between Russia and Ukraine caused the markets to close lower Friday.

We are seeing some pretty incredible sales for “higher risk assets”. Some big named companies’ price actions are looking like crypto alt-coins. Pretty incredible to watch some of the best companies in the world bleed. Just remember, there is nothing new these companies are doing. Starbucks is still serving millions of cups of coffee per day, PayPal still has the same amount of users and transactions, we could go on and on. If you are a long term investor; buy, zoom out, and relax.

Let’s keep an eye on Futures.

Week Ahead

Believe it or not, there is actually other news rather than Russia, Ukraine, and America. On the US economic schedule, the government is expected to release news that the economy grew 7% in the fourth quarter of 2021. Inflation, recessions, and everything else looming in the background. It is a very interesting time to be in the financial markets. The markets are confused, to sum it up.

We have more earnings this week.

Moderna - Thursday

Lowe’s - Wednesday

Alibaba - Thursday

Ebay - Wednesday

Crypto Recap

When the risky assets of the stock market are selling off, crypto has been too. Crypto is also in a confused state. Inflation is running high, crypto is supposed to be a hedge to inflation, but it’s being considered a risk asset.

Crazy news in crypto this weekend; from bug bounties to OpenSea getting their smart contracts hacked. The crypto market didn’t take either one of those headlines lightly. We are back under 40k for Bitcoin.

OpenSea sent out a series of tweets on Saturday night stating their system might have been a victim of a phishing attack. Users were claiming that their NFTs had been stolen.

I still am watching the bottom oscillator on the weekly time frame. It has been a great indicator of market cycles. The indicator is known as the TTM Squeeze.

Enjoy Monday off, unless you’re a crypto trader!

Have a good week and let’s make some money.

Latest News

Macy's to win U.S. holiday season with biggest sales jump among department stores. Read More

Ford Motor considering ways to run EV business separately. Read More

OpenSea Investigating ‘Exploit Rumors’ as Users Complain of Missing NFTs. Read More

How Bitcoin Helps Marginalized Communities Build Generational Wealth. Read More


  1. Coinbase - Know someone curious about crypto? You’ll both receive $10 in Bitcoin when they buy or sell $100 or more on Coinbase!

  2. Hacking the Twitter Algorithm - Your first step solution to growing your Twitter account.

  3. Index Fund Investing 101 - Learn how to index completely autonomous in the stock market.

  4. DeFi Cultivator - This set of videos will go through a few core concepts along with demos of swaps, liquidity pools, farms, and more.

  5. Too Much Money - This guide takes you step-by-step through the way I personally invest for dividend growth. It works the same way whether you have $100 or $100,000 dollars making this an approachable book for growing your income.

  6. How You Can Reach Financial Independence In 5-10 Years! - Route2Fi is going to show you the steps he is taking to reach financial independence, and now he is going to teach you to do the same!

You are receiving this letter because you signed up or purchased a course through me. Feel free to unsubscribe if you do not find this valuable.

Nothing in this email is intended to be financial advice. Always do your own research.