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Yes, the "flight to safety" in big cap tech stocks. As an example, NVDA printed a 180 low, then a binary shot back up to 260. Messy, indeed. A 45% move inside of a week.

1929

Courtesy of ECantoni:

Dependent upon the strength of the trend. Mind you, for long stretches from 2009-20, there was excessive bullish sentiment and the market grinded higher throughout. It's just exceedingly difficult to be a committed short after the past 11 years.

Apparently Green Day missed the 11 year window to be an always correct permabull.

You can blame it on WSB migration.

Right, he faded any strong move, held on for weeks, while implying that the team of MIT quants that developed his "highly proprietary" Price Drivers™ had the greatest "edge" in the known universe. It was entertaining.

Price Drivers™

Amun Ra and Green Day share the same hive mind.

Green Day spam should be kept to one thread.

S2007S's ETF Discount Warehouse

It's a real catch-22. A restaurant business, as others have mentioned, is usually very thin margins and closing for even a week could put some under. Even at 2 weeks and beyond, it was probably a complete game changer. At this stage and with the panic set in, I'm afraid that even if...

Tuesday's orderly ramp higher after the overnight limit up had a very different feel than the other "pump n dump" episodes over the past month. I'm also cynical enough to realize that the "job of the equity markets" is to crash enough to panic the central banks into forking it all over. Once...

The knock-on effects of this are too enormous for my mind. Just the concept of one party essentially breaking the lease (on a global scale) is enough, but again if both parties see some sort of relief, then it's almost impossible to go back to the previous business arrangement. And now you'd...

Here is what makes my head spin...If the tenant cannot pay (yet gets some stimulus of some sort), the landlord does not collect (let's assume he gets some temporary assistance as well), then how and when do we collectively re-establish the prior landlord/tenant relationship?

o_O

2438.75 re-test of Cl-2

He's gone "bot mode"

I keep doing a double take at the 200dma. Just a reminder of how fast the decline was, it's barely started "hooking" at 3035 area.

For the first time in a month, the "constructive" PA that B1S2 talked about every day (which was nowhere to be found) happened the past 2 days. 2387 area breakout and hold was pretty textbook. The ransom was paid (bailout) now the hostage is free.