@MarketMike What does this mean to stocks that haven’t participated in the run up as much like $tsla? If semi pulls back, would that pull back $tsla again? It’s hard to see $tsla pull back again.
@matthughes13 Genuine question: could it be where the red circle is? I worry about the backtest to be honest so am asking. Do you believe we are past that stage because indexes like $IWM (backtested) and $SMH is almost ATH? Those wouldn’t make such a run if BTC didn’t bottom yet?
@matthughes13@cantonmeow I’m pretty sure more people are fully invested and don’t have money to buy than those with cash. Buying is easy but taking profit and waiting is harder.
@MarketMike Post is a bit confusing to me. You mention the breath is deteriorating, then say a sharp bounce can occur. But at the end, mention that market looks 'fine' on the surface. I have been a long time follower of you in Youtube.
@Gubloinvestor How did you have conviction in $POU to put half of your money ($100k) in it? I haven’t even heard of the company. And it is Canadian market too!