Are central banks, in their desperate quest to intervene big time pig time all the time to extend the business cycle at all costs, setting up bulls for a dive off of […]
New highs again for tech as $NDX keeps relentlessly crawling higher,
Once again investors are made to believe that nothing matters. Only 2 trading days after Friday’s sell off $NDX made new all time history highs. Only 3 days after Friday’s sell-off $SPX […]
Yesterday $TSLA was screaming all the way to $968. Once of those once in a lifetime vertical bubble moves. Im TSLA Buy Panic I had warned that the move was not sustainable based […]
Let the news and headlines speak for themselves, but read them carefully, there’s a point to all of them: “Techs are back with a big vengeance. People continue to chase momentum,” said […]
Each bubble has its poster child. Is $TLSA it this time? I can’t say, but I can spot a buy panic when I see one. This morning $TSLA seems to have peaked […]
Yesterday Mohamed El-Erian advised investors not to buy the dip this time. What do they do? Jam fully into markets again. The addicts can’t be stopped. And so the market follows the […]
Containment indeed. The PBOC went into full intervention mode last night trying to minimize the market damage that had been building in futures for the week that Chinese markets were closed. Rate […]
The fight for containment is on and so is the effort at damage control. Chinese markets are set to open again tomorrow having been closed for days. As has become common practice […]
What if bears were right all along? What if it’s not different this time? What if this Fed liquidity inspired rally produced precisely the kind of exuberant final thrust we often see at […]