https://twitter.com/PondSagg/status/1413571409310363648
https://twitter.com/RetirementRight/status/1413581362494283776
The chart of the week is this one:
Investors taking maximum risk at maximum risk.
Compliments of trusted psychopaths. Sadly, they don't trust anyone who can be trusted. pic.twitter.com/qCA3C4zoEj
— Mac10 (@SuburbanDrone) July 9, 2021
the last time this happened was late 2008 pic.twitter.com/gz1Zsd2npr
— Alastair (@StockBoardAsset) July 9, 2021
The Dow's record high was two months ago, May 10th.
The Transports in particular are warning that this S&P high is not confirmed.
Dow Theory 101. pic.twitter.com/tKBKzkwaey
— Mac10 (@SuburbanDrone) July 9, 2021
Treasury 10-year yields dropped for an eighth day on Thursday.
If you want to find a longer period of falling yields you need to look back to March 2000 for the nine-day stretch. 👀https://t.co/E1382Avuwg
— Stephen Spratt (@StephenSpratt) July 8, 2021
"Bitcoin is in a “crash” that may take it as low as $10,000 to $15,000" – Scott Minerd July 9, CNBC
"Bitcoin should be worth about $400,000" – Scott Minerd Dec 16, BBG TV
— zerohedge (@zerohedge) July 9, 2021
https://twitter.com/farrisbaba/status/1413298079638376451
While in the USA bond defaults touch a record low … https://t.co/VJYxX6zhO0
— GregTheAnalyst (@Analyst_G) July 9, 2021
$SPX continues to use these 2% pullbacks to trap a small amount of shorts and then push to a new all time high.
It’s a cycle which has resulted in the steady grind higher.
Eventually, it’ll collapse like a landslide.$ES_F $SPY
— The Kobeissi Letter (@KobeissiLetter) July 9, 2021
"What we are seeing right now is bifurcation in the labor market…in small businesses. 44% of small businesses and 57% of small leisure and hospitality small businesses are closed. It is a reflection of wage inflation…"https://t.co/kBiR2HdHqi
— Danielle DiMartino Booth (@DiMartinoBooth) July 9, 2021