S&P 500 records and the “melt-up” gamble

The S&P 500 climbed 45.65 points today to finish at a record 7,519.12… Nasdaq composite hit its own record, jumping 312.21 points on massive tech sector momentum… Bespoke Investment Group notes this is the strongest eight-week winning streak since 1952… …

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Everything is breaking records at the same time. Cutting rates now doesn’t fix the problem, it pours gasoline on it. Nothing screams impending financial Armageddon more than precious metals going parabolic.

Everything is breaking records at the same time and that’s not strength, that’s stress. When stocks, gold, debt, and delinquencies all hit highs together, it means the system is being force fed cheap money. Cutting rates now doesn’t fix the …

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From Amazon to Microsoft, tens of thousands of white-collar workers are being cut while the S&P 500 breaks records, showing how Wall Street’s profits rise even as Main Street bleeds

⚠️This is INSANE: Retail investors' options volume spiked to a RECORD HIGH in October, according to Citadel Securities data. Mom-and-pop investors are now trading options TWICE as FREQUENTLY as they did last year. Also, their activity in 0DTE options hit …

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