Blind bulls are talking about a fed pivot; I am pretty sure I heard that word about a thousands times this year.
Fed pivot is not going to save you, as you can see a pivot will cause an even larger leg down lol. By the way this phenomenon happened during every single recession.
And by the way, this is THE CURRENT ARGUMENT for the stock market rally can you believe it?! This has become one of my favourite shows to watch.. just clowns left and right it's hilarious.
So you believe this bull market since October 2022 has peaked or about to peak? Would love your views
carefulRhino97368
⋅
@shezanshani7, Thank you! Yes I believe that this rally is not going to hold for much longer. Large caps like Apple, Tesla, Nvidia, Microsoft etc are pulling nasdaq higher creating a wrong perception that things are bullish. While in fact at the moment only 27% of stocks are actually above 50 moving average.
So you believe this bull market since October 2022 has peaked or about to peak? Would love your views