More than a few subscribers and some readers on SA: How low is the market going? What should I be doing? How much longer will this bloodletting last? One subscriber wrote to me that he has been nauseous. He asked how to stay calm.

We're at a critical inflection point in the market. The S&P 500, as you can see, has fallen back from 4,800 to 4.560 (a bit lower now) but that's only a 5% correction while the Nasdaq has fallen closer to our predicted 10% (15,000 was our goal) and the Russell has fallen from 2.400 back to 2,065 and that's 14% and no one cares what the Dow does as it's a ridiculous, price-weighted index whose movements are meaningless (yet followed closely by most of the World).

There is hope that a new vaccine called CORBEVAX will help close this vaccination gap.

$2,518,702! That's up $309,256 since our last review for our paired Long-Term (LTP) and Short-Term (STP) Portfolios since our December 16th review, where we only made a few small changes.

Welcome back. Possibly to reality, as it is now, officially, earnings season and there's no hiding from the truth of Q4 now that traders are back from even the most extended of vacations. The Fed have fired their happy talk guns and their first meeting of 2022 is next Wednesday so the Fed has to go quiet this week and they've already indicated no rate hike – so no upside catalyst from that corner and Biden can't pass a parking ticket – so no stimulus is coming either.

A celebrated writer and so much more.

What are the consequences and how will this affect us?

What did the Supreme Court decide?

Blockchain? Decentralized? Crypto-assets?

I thought it was Saturday! Don't ask how, that's the most senile thing I've ever done and I'll be 59 in March – in case you are keeping track. I had a nice, relaxing morning, woke up at 6 and did some reading and then caught up on some late-night talk shows (I just watch the monologs) and, in my defense, Seth Meyer's said he'd be back in the studio on Monday and I didn't realize he doesn't do Friday shows so I think that's where I got the impression it was Saturday.

Never has the issue of supply chain management been so prominent.

Phil's Stock World's LIVE Weekly Webinar 1-12-2021

Best-selling author and scientist David Brin shares some predictions and discusses how the Republican party benefits from positioning itself against science and other timely matters. For more, visit Brin at his website and blog.

Omnicron is still surging. I know this chart can be surprising to some of you who were just watching the "news" about how Fauci is losing his cool as Republican Senators continue their campaign to discredit him and his "facts" but perhaps it's also a fact that Senator Roger Marshall (R-Kan) is a moron – as with everything else, he refuses to be tested….

How are these powerful customized advertising techniques contributing to the divisive political landscape?

Actually, the Nasdaq has improved from red to black as it's at 15,862, so too close to give it a color at the weak bounce line and we'll be watching the Nasdaq closely today as well as, of course, the 2,200 line on the Russell, which remains our best market indicator.