Buffett indicator sounds the alarm. Global stock mkt cap has now topped 120% of global GDP, and thus the same level as before the crash in 2008. pic.twitter.com/dXjTkn5TyX
— Holger Zschaepitz (@Schuldensuehner) January 10, 2021
For reference in 2000 $CSCO managed a move to 85% above its weekly 50MA at the peak.
Its wedge ultimately broke reconnecting with the weekly 50 MA, then made a lower high on the following bounce and that was, as they say, it. pic.twitter.com/M66RS0uYUW— Sven Henrich (@NorthmanTrader) January 10, 2021
BCA research’s 10-year call: short #NASDAQ long #SP500 pic.twitter.com/ckmUZBjWzY
— jeroen blokland (@jsblokland) January 9, 2021
#Bitcoin buyers have puked the futures chart to a WEEKLY RSI north of 93 its highest overbought reading ever. $BTC pic.twitter.com/5QUivPsCFy
— Sven Henrich (@NorthmanTrader) January 10, 2021