https://twitter.com/PlanetPonzi/status/978985563717013504
COMPLEX SYSTEMS EXHIBIT SIMILAR DYNAMICS Before an earthquake, there are periods of calm, followed by minor tremors called foreshocks. Then the violence of the quake, and aftershocks. The #Financial / #StockMarket is no different. What we are seeing are now are foreshocks.
h/t @OccupyWisdom
$SPX back near the lows from earlier February liquidation. If support fails this could get ugly, as the next tranche of overhead supply will be unlocked. pic.twitter.com/DhVyGv6MzF
— Alastair (@StockBoardAsset) March 28, 2018
By now we have most of the Eurozone budgets. All are spending substantially more, betting on higher tax revenues.
This will likely accelerate any crisis when the economic cycle changes.
Gov’t spending is above 2007 peaks on almost every country.
They call it “austerity”. pic.twitter.com/Pkjkk2lBRr
— Daniel Lacalle (@dlacalle_IA) March 28, 2018
This is just like it happened in the Bible pic.twitter.com/28D478T5zM
— Mark Constantine (@vexmark) March 27, 2018
FAANNG pic.twitter.com/wyw3bZl6VP
— Jesse Felder (@jessefelder) March 27, 2018
Bullish for social media stocks $FB pic.twitter.com/GzGfXXeiCe
— Alastair (@StockBoardAsset) March 28, 2018
All the FANG-style stocks are notably lower at the open with AMZN crashing over 6%. This has smashed the FANG stocks below a two-year trendline, and broken below the 100-day moving average…
