According to @sentimentrader the rally in #Technology stocks is due for a pause. Deviations from moving averages are getting rather extreme.
https://x.com/LanceRoberts/status/1805192298495369570
Nasdaq is now outperforming the S&P 500 by the largest margin in almost 30 years, yes even surpassing the peak of the Dot Com Bubble
https://x.com/Barchart/status/1805395685342429373
As concentrated as the Great Depression
https://x.com/zerohedge/status/1805403359874257198
30% of Reddit Bros have owned $NVDA for less than two weeks, and is therefore sitting on a loss…wonder what happens next
https://x.com/PauloMacro/status/1805375064285888846
...look, every period of overstretched market exuberance led by speculative fervour always comes to an END. The only question is WHEN.
...the indices won't give you a clue what is happening or what is about to happen, if you're in the market you have to Pre-empt and Anticipate.
...Buy and Hold for posterity works in good times, but in bad times, it is merely giving away your hard earned gains. A lot of the hard earned gains have already been eroded, even before Wall St implodes.
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- Its Over
Its Over, page-22472
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