Yes stocks are on Pluto…but that won’t matter until all the players are squeezed out and permanently exhausted.
Like I said this morning, we got an important long weekend here with lots of people on holidays (low volume).
Throw in a rigged Employment Report and anything can happen, like the NASDAQ up another 20% before ‘the players’ will have had enough.
We will know more by Tuesday obviously.
I think a lot of post bubble analogs had stocks going down here, and the Dow SPX etc — all stocks except tech — are signaling this. But the bankers need their bubble economy so they continue to give the FANGs free money to maintain their stocks.
You got me when it stops.
This bubble is the Grand Super Cycle big daddy — so it will be and already is the craziest ever.
Cheers