Real economy in meltdown! And we have new ATH in valuations! THIS. IS. INSANITY. pic.twitter.com/dNhMHCgtXk
— Henrik Zeberg (@HenrikZeberg) May 6, 2020
"This market is divorced from reality,,,there's such a strong bid to this market – particularly in the overnight futures trading – it just doesn't make any sense."
–CALSTRS CIO Ailman
— Dave Collum (@DavidBCollum) May 6, 2020
This market is entirely dependent on 5 stocks not selling off and to keep adding to their multiple expansion program.
— Sven Henrich (@NorthmanTrader) May 6, 2020
Help me out. Can't get my head around this.
How is it that US consumer stocks are trading back above the 5-year average just ahead of a US jobs report that's expected to show over 20 million jobs lost, and some say markets have "priced it in"? pic.twitter.com/A2phIpKoQd
— David Ingles (@DavidInglesTV) May 6, 2020
And it will be bullish https://t.co/mwdcNnCUIO
— Alessio Urban (@AlessioUrban) May 6, 2020
India April services PMI 5.4 from 49.3. Talk about locked down!!! pic.twitter.com/mv78wdadBs
— Trinh Nguyen (@Trinhnomics) May 6, 2020
US earnings catching World pic.twitter.com/suQRYa3jVj
— Win Smart, CFA (@WinfieldSmart) May 6, 2020
And in the year of our Lord 2020 stocks fought like warrior poets to win their freedom from fundamentals, with "Fed" as their battle cry. pic.twitter.com/EjCeZXTTVC
— Sven Henrich (@NorthmanTrader) May 6, 2020