“Being truthful about the state of things doesn’t make you bearish. It makes you aware. It means that you don’t want things to fail. It means that you have the courage to call it like it is. It means that you are looking beyond the next little payday that you can milk out of the system, and looking for a prosperous future with sustainable growth.” 👇🏼
https://t.co/eDiU2NLZC8
These stats are getting so extreme… one day market’s headed for 20% pump, 24 hours later headed for a crash. Incredible end cycle behavior. Hope people are prepared
Whoa.
QQQ is about to
▪ Follow a +3% day
▪ By closing inside the prior day's open gap
[Between yesterday's open and the day before's close]
Here are the forward returns for QQQ after every similar event in the last 10 years. Even if you remove the COVID dates, it's bad.
@DonMiami3 The problem with AI is not that it does a poor job. It’s that it does good job.
It’s not the overly-pithy tone. It’s the constant binary statements.
[insert catchy conclusion]
Looking forward to $spcx IPO being over. Ironic that the event will be a capital destruction event similar to matter being strewn into the dark void of outer space
@OddStats The axois/truth social propaganda paradigm has basically proven that vast majority of market movements are inorganic and basically have nothing to do with a legitimate auction. Main relevant market mover is accumulation/distribution zones
3/4 near the bottom of major bear leg. 1/4 in Covid era stimulus bull market.
Today IMO is this an outlier from the dataset. Market is coming unhinged…
I knew you'd ask.
1/29/2021
3/16/2020
10/26/2018
3/16/2001
3 of the 4 were QUITE green the next day (at least +1.6%).
But again, this is the first time it was a Friday-Monday-Tuesday.
This is the most “extreme” market I’ve ever seen or traded
Feast or famine all or nothing zero in between
Of course this will end terribly but afterwards maybe we’ll have something that resembles what markets have always been, give and take
Up and down
It’s either a record up or a record down, there is no other option
With this in mind the biggest edge today is quick identification of what kind of a day you will have, just something to muse about