Nasdaq has topped

Haha, I'm not chronically calling for EOW.

Forget market cap, look at PE ratio. Google around 30 & Tesla 135=x4 Google valuation. Google does amazing AI & Tesla makes EVs & doesn't have much advantage over competitors, losing MS.


Cool story, Bro. The "PE" thing sounds pretty exotic. If I may; where did you arrive at this information? Is it publicly available? Thanks.
 
He's still wondering why the looming threat of hyper inflation isn't crashing markets. Some lessons have to be learned first hand.
I would assume consumer discretionary sector would suffer the most during inflation.
However maybe reality is the Utility Sector will suffer most as money leaves safe haven and go toward producers and new technology.
 
SPX double top?
TRAN declining already with crude pushing $70
Weekly divergence in USD
VIX bullish signal on weekly chart
May the correction continue! Sometimes you have to remove stops & this was the right time to do so, the likes of Druckenmiller don't use stops, this applies here IMO as NDX & COMPQ, and the rest, aren't making new highs.
 
SPX double top?
TRAN declining already with crude pushing $70
Weekly divergence in USD
VIX bullish signal on weekly chart
May the correction continue! Sometimes you have to remove stops & this was the right time to do so, the likes of Druckenmiller don't use stops, this applies here IMO as NDX & COMPQ, and the rest, aren't making new highs.

They are chewing time off the clock for a move higher.
 
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