New all time high this morning, featuring the biggest breadth divergence in history (25 years of data).
https://x.com/SuburbanDrone/status/1809231892891205697
Mag 7: +48% YTD S&P 493: +7.5% Russell: just went red for the year again
https://x.com/zerohedge/status/1809314188436857343
Note to self: NAAIM Exposure Index>100 rarely flags cyclical tops. (Stay calm and test the hypothesis.)
https://x.com/mark_ungewitter/status/1809224407962857572
The Nasdaq Composite keeps hitting new highs while a bunch of its stocks fall to new lows. It's nearly double the prior record.
Nothing matters, lol.
https://x.com/jasongoepfert/status/1809291187875971465
The stock of the week is Tesla which was up 27%.
Every time Tesla became this overbought (RSI), stocks imploded.
Feb 2020, Nov 2021, July 2023...
https://x.com/SuburbanDrone/status/1809328116407406912
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Its Over, page-22661
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