Price never gets faked out. Traders do. A blow-off top, a black swan, a trend break. All of these can easily become TRAPS-101.
The winter is coming. Time to turn back your clocks.
November 1994
November 2015
November 2023
No more words are necessary. No conclusions, no signatures.
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Another leg down may come sooner than later. That will neutralize the last objectors. Those who disagree with the US stock market strength are enemies of democracy.
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The epitomy of classical analysis:
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Bitcoin is printing the same 2015 story.
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Equity Bubble, INCOMING! This chart is a perspective on how (SPX vs Inflation = actual profits) may overperform (Gold vs Commodity Production Cost = actual profits).
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Let them roar!
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History tends to repeat itself. The equity market has found support. The bubble we talk about hasn't been born... yet.
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Is the profit of an active investment equal to what it would be if we closed it today?
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