Any questions?
Ponzi confidence is maxed out in stocks, oil, crypto currencies, short volatility, personal consumption and everywhere else casino capital can be thrown down the shit hole. Armed with the knowledge that it's the "best start to a year since 1987", and personal savings are the lowest since the start of the last recession, we can say with certainty the dedicated denialists won't see it coming. This will be the hardest crash landing...
ZH: Americans Never More Confident Of a Stock Market Increase
Reports from earlier this month suggest that not only will Apple be reducing production, the iPhone X could face “end of life” within a year of going on sale
It's the end of the iPhoney era
Any questions?
"We expect this to continue to rise vertically, forever"
Yesterday will be the last Hindenburg Omen, as new highs are imploding. Which triggers the Zuckerberg Omen - a handful of stocks making new highs, one of which is Faceplant.
As we see, this cycle is seeing the same pattern of Hindenburg Omens around the point of maximum BTFD, as in 2007:
Party like it's 1929:
The S&P 500 gained 6.5% in January, while the VIX gained 50%. We've never seen the noose tightening like that before...
Reports from earlier this month suggest that not only will Apple be reducing production, the iPhone X could face “end of life” within a year of going on sale
It's the end of the iPhoney era
Any questions?