A Bloomberg TV headline was warning that breadth is imploding on this rally.
Why? Because hedge funds are piling back into mega cap Tech.
Why? Because S&P momentum algos are manipulating the futures higher due to the collapsing VIX and mass complacency.
Which I predict will… pic.twitter.com/6tdzLuAuVt
— Mac10 (@SuburbanDrone) June 6, 2025
BofA’s Hartnett Says Stocks Are Close to Setting Off Sell Signal
What do you think? pic.twitter.com/2l0ir0Y9su
— Menthor Q (@MenthorQpro) June 6, 2025
Is the Conference Board LEI no longer useful?
I believe they thought the same thing in the late '90s.
According to this chart, U.S. markets appear decoupled from underlying fundamentals, just as they were back then.
*The Conference Board Leading Economic Index is a predictive… pic.twitter.com/WNYFqxITNc
— Guilherme Tavares (@i3_invest) June 6, 2025
German stocks are up 9 weeks in a row.
Now they are 20 year overbought. As we see below, this level of overbought never ends well for German stocks nor global stocks.
How many people think this is the end of the cycle?
As many followers as I have. pic.twitter.com/w9C7ox356V
— Mac10 (@SuburbanDrone) June 6, 2025
Week nine in this blow-off top. pic.twitter.com/e92YH9yOtb
— Mac10 (@SuburbanDrone) June 6, 2025
Zan $SPY Update. MONDAY 06/09 IS MARKET TOP DAY. #Bears get ready!!
1) Today, we finished with an indecision candle. See pic. Very important candle!
2) On Monday the move will be 1.8% end to end.
3) AM market will go higher to $603.50 (max $605) on China news. You should short… pic.twitter.com/nZ14OLcuJZ— Zan (@alshfaw) June 7, 2025
Next week is statistically the most BEARISH week of the year using the last 5 years of data.
🤷♂️ pic.twitter.com/Xz9r48do60
— Emperador Maximiliano 🍀 (@EmpMaximiliano) June 6, 2025