After the election I said that we had never seen Momo Tech 3 std deviations above the 200 dma. Then it pulled back briefly and now has exploded higher again.
Back to record overbought for the second time.
A double Black Swan event in manic risk seeking. pic.twitter.com/HRYpf6WGAv
— Mac10 (@SuburbanDrone) December 4, 2024
https://twitter.com/MichaelMOTTCM/status/1864453725890175343
Early 2000 headlines.
Won't be long. https://t.co/id4kPUYSXH
— The Great Martis (@great_martis) December 5, 2024
Leverage And Speculation Are At Extremes
The market has rarely been so strong over the last 100 years:
The S&P 500 has hit 54 all-time highs this year, the third-best performance this century.
This is also the sixth most all time highs in a year since the 1920s.
This comes as the index is up 27% year-to-date, marking… pic.twitter.com/sjAMdzWRMD
— The Kobeissi Letter (@KobeissiLetter) December 5, 2024
ALERT: Cash now yields more than stocks
This has only happened 8 times since 1954 pic.twitter.com/xMsMvxfMpP
— Bravos Research (@bravosresearch) December 5, 2024
People, f**king PAY ATTENTION.
It’s a bubble. https://t.co/WF22H6TzgP
— Uncle Milty’s Ghost (@his_eminence_j) December 5, 2024
For the past three years, global stocks entered Q4 oversold, now they're overbought and making a second lower high.
1987 style. pic.twitter.com/zIsPcLuQg5
— Mac10 (@SuburbanDrone) December 5, 2024