We are in the vicinity of peak crack high. pic.twitter.com/UyHtIKtAIa
— Mac10 (@SuburbanDrone) July 8, 2024
Millennials and Gen Z are ~90% invested in stocks in their 401ks pic.twitter.com/bndxRPm7Eg
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) July 7, 2024
$QQQ is nearing a peak, with potential upside to the 500-508 range by Monday or Tuesday. Fund managers are heavily invested, as indicated by the NAAIM index hitting 103.
A sell-off to the 413 area is highly likely before the upcoming US presidential election.… pic.twitter.com/rdIyjcYV7L
— HZ (@MFHoz) July 7, 2024
When adjusted for gold, US equity market’s overvaluation echoes the 1929 peak.
Before you criticize my chart for using the Dow Jones, keep in mind that if you do the same analysis with the S&P 500, Nasdaq, or equal-weighted indices, the conclusion will be the same.
— Otavio (Tavi) Costa (@TaviCosta) July 7, 2024
Bitcoin
Watch for a tear drop event
Could massacre markets as panic sets in .
Extra vigilance required. pic.twitter.com/nlrygSHi1c
— The Great Martis (@great_martis) July 8, 2024