https://twitter.com/NorthmanTrader/status/1215000451587956736
1/8/2020:
No shorts left in the market
Stocks at ATH’sBuyers Market
Bulls and Super Bulls buying High hoping to Sell Higher
Hot Potato MarketFed waiting on the sidelines to bail out Trump and the Bulls
And the most boring market you will ever see 😉— Reminiscences of an American Capitalist (@4Awesometweet) January 9, 2020
https://twitter.com/NorthmanTrader/status/1214994463384358912
Everyone is long even here pic.twitter.com/tMeEwUEKL2
— Alessio (@AlessioTMAD) January 8, 2020
https://twitter.com/vixsquared/status/1214989125104865280
LOL. Fed balance sheet has expanded by more than $400 billion in 3 months, and demand for term financing is *growing*, not declining. Wonder what excuse we're going to come up with now that we're past year end? Laissez les bon temps rouller!https://t.co/teUeOIQEiw
— Ben Hunt (@EpsilonTheory) January 8, 2020
Markets aren't really irrational, just rigged. Driven usually by credit creation & we see unusually large central bank Quantitative Easing of the type I didn't propose in 1995. QE was meant as a 1-off emergency measure to kick start bank credit. 1995 QEhttps://t.co/yyKXOYs9zu https://t.co/JJ5EDRt4mk
— Richard Werner (@scientificecon) January 8, 2020
Stocks Risk a Hard Fall With No Earnings Net: Bloomberg
What we are left with is very weak profits, showing a decline over the last year.