Call it the “Trump bubble” for short. There’s a corner of delusion for everyone. How big is this bubble? 7.5 billion +/- five people who don’t know each other by name…
Bulls can thank Jeff Gundlach for sponsoring today’s rally. In addition to putting a last-ditch bid under Tech, he just single-handedly ended the fake reflation bubble. Which leaves only one bubble left…
Suffice to say that the one thing all of these various Ponzi delusions have in common is that they are all 100% correlated to brick-shitting PANIC.
Crypto
Cannabis
Apple/iPhone
Semiconductor
Biotech
China Tech
FANG
Momentum Tech
Stock buybacks
Emerging Markets
Fake reflation
Dumb money
First off, this latest RISK ON party has lasted seven months so far. The IBD 50 are the leading growth stocks.
We will never see a more symmetrically perfect top than this – just to prove that no hairless chimp saw it coming…