Today was a classic bull trap. In corrections/bear markets the indices open strong but close weak. In bull markets indices open weak and close strong.

https://twitter.com/RetirementRight/status/1369439064823324672

When is the rug pull?

— Special Situations and Restructuring (@MarioBandeleras) March 9, 2021

The stock market’s acting like
the government is mailing out checks
for people to buy stocks or something

Oh wait 😉

— Reminiscences of an American Capitalist (@4Awesometweet) March 9, 2021

“This disconnect between price and fundamentals is similar to what we saw in 1999,” Emidio Checcone notes.

“Goldman Sachs puts out a profitless companies index that has absolutely trounced even the S&P 500.”#zombieco #valuation #debt

Watch here:https://t.co/bL7IMxpIwv pic.twitter.com/3zAzMGDMTp

— DoubleLine Capital (@DLineCap) March 9, 2021

TSLA lost quarter trillion $ in 5 weeks since it bought $BTC, today's %20 rally is a bear market rally and will be erased shortly. You can say the same for many obliterated names

— xTrends (@xtrends) March 9, 2021

In corrections/bear markets the indices open strong but close weak.

In bull markets indices open weak and close strong.

— The Macro Pulse (@TheMacroPulse) March 9, 2021

CPI tomorrow could be a market mover considering the current inflation fetish. It was a goose egg last month

— Ed Bradford (@Fullcarry) March 9, 2021

pic.twitter.com/5t5roAeaut

— Robin Wigglesworth (@RobinWigg) March 9, 2021

https://twitter.com/MFHoz/status/1369382823895969798

The Fed has been buying inflation narrative. Will buyer’s remorse follow?

“Fed owns >23.8% of Treasury Inflation Protected Securities market, which is >12 percentage points higher than during previous QE periods. The Fed is purchasing $7.2B of 1-30-year TIPS monthly.”@business pic.twitter.com/JQlV9JFcpd

— Danielle DiMartino Booth (@DiMartinoBooth) March 9, 2021

https://twitter.com/MFHoz/status/1369365374639235078