Smart money is loading up on this pullback. It’s time to buy the dip and sell the rip

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Smart money is loading up on this pullback

It’s time to buy the dip and sell the rip pic.twitter.com/aDE8gTg8V8

— Game of Trades (@GameofTrades_) July 29, 2024

with 209 $spx companies having reported earnings surprise this quarter just 4.66% vs 8.25% last pic.twitter.com/uxJWfngUrs

— Michael J. Kramer (@MichaelMOTTCM) July 29, 2024

$usdjpy carry return vs. Bloomberg Mag 7 pic.twitter.com/M7g6Rsy6YF

— Michael J. Kramer (@MichaelMOTTCM) July 29, 2024

S&P 500 has broken below its uptrend line

The last 2 times it led to a 4% and 9% pullback respectively

This time, we’re already around the 5% mark

But a pullback is different from a reversal pic.twitter.com/4iTf4J4vEQ

— Game of Trades (@GameofTrades_) July 29, 2024

See also If Michael Saylor is a genius, why does he need to keep telling people to buy his stock and borrow massive amounts of money? If Bitcoin collapses he faces a massive margin call from his lenders. No one will lend him money, he can't issue new stock.

See also China is facing a major crisis, resembling its 2008 financial moment. The crisis is sending global markets into chaos

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