And this is what the beginning of a bubble looks like. When they say… ignore the bubble… it's different this time. Those 4 words are uttered at EVERY top! And they come out of the mouths of "pros." pic.twitter.com/caffnw0Oix
— Mark Minervini (@markminervini) February 17, 2021
Tesla has made ~$700,000,000 from purchasing #Bitcoin. If they sell, they will make more profit than they have from any year of selling cars.
— The Chairman (@WSBChairman) February 17, 2021
I keep thinking about the gloomy financial stability risk paragraph from the Fed's minutes.
— Jeanna Smialek (@jeannasmialek) February 17, 2021
At current levels, commodity prices will have priced-in an ISM Prices Paid Index >90 by the end of Q1.
>90 has only happened 2X:
-June & July 2008
Back then, commodities fell 53% over the next 6 months.
ISM New Orders minus Inventories peaked 6M ago.
Prices usually follow. pic.twitter.com/z2UVPahyZb
— Julien Bittel, CFA (@BittelJulien) February 18, 2021
— Sven Henrich (@NorthmanTrader) February 18, 2021