So when people tell you it's this amazing bull market it's really only tech. Also note: It took $7 trillion in fiscal and monetary intervention to get to this.
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Run out ammo?
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...and I think that understates it. You've really got to break out the difference between Value and Growth right now, because it's just massive. Just look at the small caps ytd:
$RUO$RUT$RUJpic.twitter.com/M8M9falfHe
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Either the catch up game or the free fall. Can they stay apart ?
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And the SPX is flat for the year. A year in which unemployment has increased somewhere between 10 to 20% and the economy shut down for almost a quarter.
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Should totally add
$VTC the corp bond index for comparison too. Looking at Tbills is a waste of time though.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Banks are sick... Canary in coal mine?
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Well yes there is no breadth. We already know that... just look at financials. Furthermore, gains in big tech are very concentrated. Apple, Microsoft, Amazon, and FB make up over 40% of the NASDAQ by market cap weight.
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You n0Oobs just don't get it, every 100pt down in NDX is your last chance to BTFD!!! It's sooooo easy
https://twitter.com/37_/status/1275052784203620352?s=20 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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