Stock to watch for a breakout. $FIII ($450m cap)
SPAC merged with EV manufacturer Electric Last Mile, which focuses in delivery vehicles. Setting up for a pole and pennant pattern with a breakout off the 20ma support area. Seeking 30% returns on first target. #SOTwatch
The "Buffett Indicator" sounds an alarm
It's the total market cap of all U.S. stocks, divided by U.S. national GDP.
It shows the historical valuation of the mkts relative to the strength of the economy those companies are built on:
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