Double top.
Growth to value ratio surging again.
Only 1.3% away from the level reached at very peak of the tech bubble.
This is not market bottom behavior.
Quite the opposite. pic.twitter.com/5lSSCEA7f2— Otavio (Tavi) Costa (@TaviCosta) May 6, 2020
No bounces whatsoever.
Venture capital barometer continues to drag lower.
The VC bubble already burst way back in mid-2019.
It has been leading public markets all along. pic.twitter.com/OWptI9o12A
— Otavio (Tavi) Costa (@TaviCosta) May 5, 2020
leaning towards a sell off. indices can ignore airlines and cruise ships breaking down. they cant ignore the banks. pic.twitter.com/MLVgHq6RDN
— hks55 (@hks55) May 6, 2020
pretty much sums it all up pic.twitter.com/dioDGI7vSq
— hks55 (@hks55) May 6, 2020
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