Wall Street crowd ignores the option data, pushes the nonstop rally story…
Past patterns like this trigger sudden market drops, retail accounts take the pain…
⚠️THIS IS ABSOLUTELY INSANE:
~24% of the S&P 500's top 100 stocks now have an inverted 3-month call skew, approaching the 25% peak seen during the 2021 meme stock frenzy.
An inverted call skew occurs when out-of-the-money call options are more expensive than at-the-money… pic.twitter.com/oPCplPSGbL
— Global Markets Investor (@GlobalMktObserv) May 19, 2026
Think about the insane amount of "this time it's different" faith you'd need to see treasury yields skyrocketing, oil pumping, inflation pumping, extremely weak market breadth, equity valuation 3+ standard deviations above average; everything positioned exactly like it was before…
— Krugman (@krugman87) May 19, 2026
How expensive is the S&P 500 right now? Four ways to count.
– Price/Sales: 3.5x (all-time high, higher than 2000)
– Price/Book: 5.5x (all-time high)
– Forward P/E: 26x (at the 2000 dotcom peak)
– Dividend Yield: 1% (near a record low)Three of these are at levels last seen at… pic.twitter.com/NMRvIwQD6h
— Thierry from arvy 🇨🇭 (@ThierryBorgeat) May 19, 2026
Absolutely no one is ignoring it. People just fear the war will be over, yields will plummet, and we will look ridiculous for being out of this market https://t.co/iQN8rsoHfr
— Jim Cramer (@jimcramer) May 20, 2026
Warren Buffett is waiting for a bigger drop in stocks 🤯👀 He says March was nothing 👻📉 pic.twitter.com/qJXfimAzYh
— Barchart (@Barchart) May 20, 2026
China banned Nvidia’s gaming chip during Jensen Huang’s visit