Triple leveraged long Nasdaq 100 ETF just saw a record outflow, while triple leveraged short Nasdaq 100 ETF saw a record inflow $TQQQ $SQQQ pic.twitter.com/CUYxjX8tAx
— Sarah Ponczek (@SarahPonczek) November 6, 2020
With the IT sector trading at a record 43% of GDP, large cap tech is the most over-valued and extended ever.
Narrow, crowded, tired. pic.twitter.com/HFRtBZ1L8B
— Kevin C. Smith, CFA (@crescatkevin) November 6, 2020
Smart Money 💰 Selling pic.twitter.com/W7XMreRJd6
— Win Smart, CFA (@WinfieldSmart) November 6, 2020
Friendly Reminder of the Everything Bubble.
ht @QianjunBefanis pic.twitter.com/jPLzrMASpd
— Paranoid Bull (@paranoidbull) November 6, 2020
Unemployment Is Falling, Long Term Unemployment Is Ballooning
The unemployment rate continues to fall, but the share of unemployed out of work for at least six months is rapidly accelerating.