Retail has bought the "soft landing" narrative hook, line and sinker. pic.twitter.com/WfzS5pNrkt
— Sven Henrich (@NorthmanTrader) February 21, 2023
The 10Y is on its way to 5.5% and will trigger massive panic among investors. Investors, who were previously willing to invest at any cost, will now sell at any price.
With only one exit door available, the competition to get out of the market will be fierce.
— HOZ (@MFHoz) February 21, 2023
Bulls, I know what you're thinking – worst breadth since the lows, must be oversold.
Not.
You have to repeat third grade. pic.twitter.com/z3FteVVv2e
— Mac10 (@SuburbanDrone) February 21, 2023
How to know you are in a bear market rally:
1) Unprofitable tech leads the way
2) While real rates are rising, pushing risk premiums higher
Yes, I know it's not popular to have a realistic view of the markets on here. But it's important to consider all of the possibilities. pic.twitter.com/CXmp7Zr63M
— Markets & Mayhem (@Mayhem4Markets) February 21, 2023
$AMZN and $MSFT were dead money for a decade before ZIRP and QE revived them.
Now that both ZIRP and QE are gone, how will tech perform? pic.twitter.com/LQzMLxu3Te
— Markets & Mayhem (@Mayhem4Markets) February 21, 2023
‘Canadian Warren Buffett’ says tech stocks more overvalued now than during dot-com bubble