MicroStrategy’s RSI(14) surpassing 80 signals overbought territory, risking sharp corrections. Speculative momentum adds vulnerability.

This is not looking good. MicroStrategy has a history of experiencing deep drawdowns when the RSI(14) monthly reaches extreme levels (above 80), followed by a negative month. Combine this with the speculative and euphoric momentum… pic.twitter.com/T7s3lqVSZ4 — Guilherme Tavares (@i3_invest) …

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JOEL KOTKIN: Elon Musk and Woke Capital are Locked In a Battle for the Future of America: This election has exposed sharp divisions between the US’s new feudal elites.

In 16th century Japan, the Daimyo feudal lords, like their Medieval European counterparts, battled to secure control of the realm. Today, in the current US presidential race, a similar conflict has emerged, over an increasingly feudalised landscape. The discord among …

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Just when everyone’s guard is down, Bank of England warns of potential asset price sharp correction; The “Buffett Indicator” is flashing red.

Probability of a Global Recession in the Next 12 Months pic.twitter.com/dgFtlfN8DD — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 28, 2024 America has become a gambling society. Zero day options. Meme coins. Sports betting. Everyone takes more risk… WSJ: BOE Warns …

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Conference Board Leading Indicator Records Alarming -7.8% Drop, Echoing Historical Precedents of Economic Downturn Over Six Decades; High Default Rates in Loan and Bond Market Also Signal Sharp Slowdown

The sustained 18-month decline in the Conference Board Leading Indicator is a worrying trend reminiscent of historical economic crises, particularly in 1973-74 and during the Global Financial Crisis. The current -7.8% decrease aligns with significant economic downturns over the past …

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Institutions to dump tech stocks in second half after best first half in 40 years. Hedge funds shift to bearish dollar bet, flipping 20,091 contracts to short

Retail gamblers are trapped. After the best first half for Tech stocks in 40 years, institutions are dumping Tech stocks in the second half.https://t.co/It9OGJH69b Retail gamblers are trapped. pic.twitter.com/9ApQOQSKeP — Mac10 (@SuburbanDrone) July 10, 2023 Microsoft has been the most …

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