Margin debt reached a new record high in April… A typical topping pattern, no price progress for months, where institutions off-load their shares on retail.

This just in:

Margin debt reached a new record high in April: pic.twitter.com/EKYKrfobfb

— Mac10 (@SuburbanDrone) May 18, 2021

Fund managers are shedding their Tech holdings rather quickly @SoberLook @BankofAmerica pic.twitter.com/JENLl41uhI

— Liz Ann Sonders (@LizAnnSonders) May 18, 2021

https://twitter.com/MFHoz/status/1394702054350901253

to the older generation who bought the dot-com top, now is the time to unload to millennials https://t.co/9i0mRivtFB

— Alastair (@StockBoardAsset) May 19, 2021

https://twitter.com/MFHoz/status/1394697594643918853

As tightening continues, Chinese companies will see lower earning growth, and then what does the world do? 🤔 pic.twitter.com/9f2su7Tfwt

— Menthor Q (@MenthorQpro) May 18, 2021

high concentration of technology in equity indexes never ends well – there are lessons from the past. pic.twitter.com/juaSQPbdYE

— Alastair (@StockBoardAsset) May 18, 2021

Billionaires Are Offloading Massive Amounts Of Stock

When the country’s CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention.