Everyone is all in. Everyone is balls deep long. Everyone is gambling. Tell me otherwise. pic.twitter.com/OEzpdT6AGt
— Don Johnson (@DonMiami3) April 18, 2024
Correction: It should be a channel, not wedge.
Today another morning rally just imploded.
This function calculates the % loss each day from the day's high to the close on a 15 day moving average.
Only when the market is above the 200 dma i.e. in a presumed "bull market". pic.twitter.com/FcMZQbAj7P
— Mac10 (@SuburbanDrone) April 18, 2024
The MacroEdge Bliss/Panic Index has been in the 'Maximum Bliss' zone just 8 times since 1987.
1987
1999
2007
2008
2014
2018
2021
Today pic.twitter.com/eEdv88SjKM— MacroEdge Macro Research (@MacroEdgeVision) April 16, 2024
A $1 billion CMBS loan maturing this month has transferred to special servicing for potential default. The portfolio is made up of 16 retail properties in Las Vegas, NV and elsewhere, totaling about 9.6 million sq ft, per Trepp
— MacroEdge (@MacroEdgeRes) April 18, 2024
Halving this, halving that… Thoughts?
Chart @OKavrak pic.twitter.com/6IbBd8GW85
— Michael A. Arouet (@MichaelAArouet) April 18, 2024
Netflix earnings have been a key inflection point for the market twice in the past year. Now Tech is at key support going back to January when Netflix earnings tested this level.
Also note that CPI tested this level twice.
Tonight Netflix again. pic.twitter.com/z2ReyVB9Rl
— Mac10 (@SuburbanDrone) April 18, 2024
h/t DesmondMilesDant