Every bear market gives bulls one last grand chance to get out. Facebook, Amazon, Microsoft all back to their highs. This is boomers last chance to cash out the retirement. We’re not coming back here for very long time. Hypernova of debt bursting means deflationary annihilation
— hks55 (@hks55) April 29, 2020
Our IWM Optimism Index (for small cap stocks) has reached 99, the highest level *EVER*
The 2nd highest reading was in Oct 2011, when stocks fell -12.8% over the next month. Less extreme readings also led to pullbacks pic.twitter.com/WF67uR9EsJ
— SentimenTrader (@sentimentrader) April 30, 2020
A young wealthy friend of mine who I recommended to sell stocks in late Feb (she didn't) is now making fun of me because not listening to me was "the right thing to do". And she will never sell her stocks "no matter how fast the market drops". Because it will always come back.
— Yuriy Matso (@yuriymatso) April 30, 2020
"The US unemployment rate may have already reached 20%. One survey found that close to 50 million Americans might already have lost their jobs.
— Tuomas Malinen (@mtmalinen) April 30, 2020
Important to remember there are real people behind the devastating unemployment figures. t.co/jHDINZSr2U
— Nomi Prins (@nomiprins) April 30, 2020
— Mike "Mish" Shedlock (@MishGEA) April 29, 2020
— Topdown Charts (@topdowncharts) April 30, 2020
it's a good piece from GS, selective interesting charts below pic.twitter.com/c7b7q9R4bz
— Tian (@RealTianZeng) April 30, 2020
None of the trillions the Fed has thrown at markets in the past few weeks has created economic growth.
— Sven Henrich (@NorthmanTrader) April 30, 2020