I'm sure it's nothing pic.twitter.com/BJRqoQVFQb
— Jim Bianco (@biancoresearch) January 7, 2025
A nice comparison here from @Stansberry showing just how ridiculous this recent rip higher in stocks is vs earnings
Back in 1995-2000 the tech bubble ripped higher because earnings were ripping too
This go around earnings aren’t even close to keeping pace with stock prices. pic.twitter.com/JTrOwCbqpu
— QE Infinity (@StealthQE4) January 7, 2025
Today was the largest ever volume day for the Nasdaq
— Evan (@StockMKTNewz) January 7, 2025
Who else noticed the deteriorating market breadth for SPX 500?
Now only 52% of stocks above their 200 day moving averages.
Rising price of the index is hiding this bearish omen. pic.twitter.com/8ZanpfYJlf
— Patrick Karim (@badcharts1) January 7, 2025