Will be a monster sell off shortly.
All this bullish talk makes me ever more bearish.
I saw the same thing in 08 after the initial sell off TOOK 8 weeks to get to the .618 level before crashing.
We are in the back to normal phase
WHICH is the smoke signal of the END— The Great Martis (@great_martis) April 29, 2020
https://twitter.com/realJosephRich/status/1255589594130780168
https://twitter.com/hks55/status/1255617183545282560
"While the crash only took place six months ago, I am convinced we have now passed the worst, and with continued unity of effort, we shall rapidly recover." -Herbert Hoover, May 1930 https://t.co/O3fagjR6qA
— Alessio (@AlessioTMAD) April 29, 2020
https://twitter.com/freezerohedge/status/1255225078993862657
#recession … #StockMarket #Bubble edition https://t.co/Qh4FxNpSzt
— Invariant Perspective (@InvariantPersp1) April 29, 2020
MSFT is just a few bucks away from all time highs
— The Long View (@HayekAndKeynes) April 29, 2020
Nasdaq now overbought for the first time since February 21st and at the same level after hours that it was trading on February 3rd. Up 15%+ YoY and 200-DMA at new highs. https://t.co/H4p1RcpfIn $QQQ pic.twitter.com/gFQN5oaz7x
— Bespoke (@bespokeinvest) April 29, 2020