Wow! Today was a BIG day.
Tesla stock (TSLA), as the Big Tech bubble poster child, rocketed up 16% to $1,794 this morning and then reversed to close down 3% to $1,497:
I predicted this morning that such a reversal was imminent — because we’ve seen the exponential curve that TSLA is following before. It’s a classic late state blow-off top. Such meteoric vertical trajectories simply can’t be sustained.
And we know how they end. With sharp reversals that are extremely painful for all of the (often novice) investors who jumped on at the end of the mania.
This is EXACTLY the action we’ve been expecting/hoping to see to mark the end of the unjustified massive run-up in Big Tech.
All of the other FANG stock experienced similar reversals today — though not as extreme as TSLA’s.
Today could very well have marked the top.
- Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
- Dr. Geert Vanden Bossche forecasts total chaos within 2 months.
- Tucker Carlson: This Is a Manufactured Disaster
- Satan Responds To Roe v. Wade Defeat
- People Starving In Europe, Food Riots In Asia And Police Are Shooting
- If We Keep Escalating This Conflict, The End Result Will Be A Nuclear Cataclysm
- DR BLOWS WHISTLE ON CHEMICAL THERAPY – Chemotherapy is INEFFECTIVE 97% of the time.
- Things are going down in the Netherlands.
- Sounds Like the Conservative SCOTUS Members are Trying to Cause Leftists Around the Country to Stroke Out
- Master of Reality Fauci Suffers “Much Worse” Coronavirus “Rebound” After Pfizer Pills