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
So $GOOGL +8.5% on a bad report and worse guidance. $BA up similar on the worst report in American history. And $MSFT only up 1.5% on a truly great report?
— Joe Rich (@realJosephRich) April 29, 2020
times 100 million people t.co/vBTJCe2AyD
— hks55 (@hks55) April 29, 2020
"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 t.co/O3fagjR6qA
— Alessio Urban (@AlessioUrban) April 29, 2020
Nomura: Only Machines Are Buying Stocks As Humans Stay At Home t.co/QHGcAQMfWd
— FreeZerohedge (@freezerohedge) April 28, 2020
#recession … #StockMarket #Bubble edition 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. t.co/H4p1RcpfIn $QQQ pic.twitter.com/gFQN5oaz7x
— Bespoke (@bespokeinvest) April 29, 2020