The "Blow off top" - what's that?!

zerohedge

zerohedge

So, on X/twitter, reddit and in other social media outlets some economists (or alike) discuss, call or anticipate the so called "Blow off top".

That means, that the stock market / S&P500, Nasdaq rise to all-time highs, never known to man,
and shortly after fully collapse.


Some say, that could be the "new 1929" or at least 87, definitely not as smooth as 08...


What do you think?!


Is that hysteria, or a real thing, or much more something in the middle
(as the fed practically owns the market)?


Why should it let it go to shit?






However if it has to happen, time is now ; )
 
Last edited:
Handle123 said:
Useless words to generate responses from scared people. Everyone has 50% chance of being right
More...
In the beginning, theses guys were described as conspiracy theorists.

As time goes by, their audience gets bigger.

I don't know;
I think it all comes down to what the Fed decides.

It did not go out of ammunition yet;
but of course it could ...
theoretically.


But before that happens they might come up with a newer plan ...
 
Literally a 9% drop in the nasdaq and everyone is wicked scared. I said months ago that a solid 20% drop would take the s&p to October lows, and that if this were to occur it would feel like a depression. Well here we are down just 9% on the nasdaq while other indexes hold up extremely well and most are feeling the wrath of the tech sell off. If msft and amd miss earnings after the bell we could have a nasty opening but I'm sure people will start racing in to buy the dip.....but remember sell those bounces.
 
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Did anybody find out why the sudden drop on July 17th? There were no bad news or numbers. The CPI number for July was fantastic.
 
S2007S said:
Literally a 9% drop in the nasdaq and everyone is wicked scared. I said months ago that a solid 20% drop would take the s&p to October lows, and that if this were to occur it would feel like a depression. Well here we are down just 9% on the nasdaq while other indexes hold up extremely well and most are feeling the wrath of the tech sell off. If msft and amd miss earnings after the bell we could have a nasty opening but I'm sure people will start racing in to buy the dip.....but remember sell those bounces.
More...

We are not scared of the drop. We are concerned that it dropped for no reason, no explanation no nothing. Was that a technical drop? I mean it created a potential entry opportunity for people who need to enter into the market but for people who are already in the market, their trading/investment profit just got cut for no reason.
 
There's no such thing as a"blow-off top". That is an artifact of a market that no longer exists.

The keywords for this market going forward is "inflation, election, and interest rates".
 
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