Independent thinking for complex markets and current events
This is one of those quiet setups that looks boring right before it bites. Vol is getting crushed even though stocks are barely moving, which tells you complacency is doing the heavy lifting. When UVXY and UVIX bleed this hard without a real rally, it usually means traders are leaning the same way. That works …
The AI boom has reached an unsustainable level. Investors are throwing money at projects with little regard for the real risks or long-term viability. Hundreds of billions of dollars are flowing into the AI sector like a river, and the vast majority of it is going to waste. This is not a natural growth pattern; …
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 …
Everything feels so high. SPX with 120 month moving average. Dec 2024: SPX 6000, 120MMA 3400. Its funny how the same bullshit scams repeat, but just in VERY slight variation. Penny stocks – CryptoHousing shortage – Housing shortageDotcom – AI My dad started day trading in the late 1990s and lost his entire six figure …