I have never been more convinced of anything in my life, this market is going to crash 50+% by the end of the year. Save this tweet, pin it.
— BLACK SWAN (@RetirementRight) June 20, 2020
NASDAQ 100 / S&P 500 ratio is *HIGHER* than where it was at the top of the dot-com bubble!
Also, the ratio's monthly RSI right now can only be matched by 3 other months in history:
December 1999-February 2000 (peak of the dot-com bubble) pic.twitter.com/vCKHBJ4oH7
— Troy Bombardia (@bullmarketsco) June 20, 2020
CNN Fear/Greed Index's 20 day average is *EXTREMELY* high.
Most recent one? January 2020, which wasn't a good time to buy stocks pic.twitter.com/Sk0x4ybbkU
— Win Smart, CFA (@WinfieldSmart) June 20, 2020
"Robinhood markets are going to end in tears,” billionaire Leon Cooperman said. “Let them buy and trade. From my experience, this kind of stuff will end in tears." https://t.co/i68f4cLZJh
— Win Smart, CFA (@WinfieldSmart) June 20, 2020
#recession … #GFC2 edition
via @matrbkJust like during the #GreatDepression, the #bank failures will spread globally from Europe… 📉 https://t.co/7ONL6ZXekp
— Invariant Perspective (@InvariantPersp1) June 20, 2020
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.