The only question on the table is can "stocks" rally without the Tech sector. The answer is they didn't last time.
Here we see the Dow peaked about a month after Tech stocks in 2021. And next week is a month this time around. pic.twitter.com/27lgnRIIn2
— Mac10 (@SuburbanDrone) August 11, 2023
The meme stock rally is starting again. This will take markets to the conclusion of this cycle. pic.twitter.com/Qqr0vyr3CF
— Financelot (@FinanceLancelot) August 11, 2023
Warning: Market concentration is extremely high, comparable to the levels seen in the 1920s and early 2000s
Indicating that the S&P 500 moves a lot based on just a few stocks pic.twitter.com/Vw0xExgph7
— Bravos Research (@bravosresearch) August 11, 2023
Morningstar warns that the AI Tech hyper bubble may be overvalued. https://t.co/rUGwGsFWFd
What makes you say that? pic.twitter.com/Z6jWLT5iol
— Mac10 (@SuburbanDrone) August 11, 2023
Bulls are about to learn that global markets should not be ignored. pic.twitter.com/52zk2uTZJI
— Mac10 (@SuburbanDrone) August 11, 2023