I’m not calling a top just yet, but there are definitely some red flags flashing. Right now, we’re probably sitting in the “belief” or even “thrill” stage of the market cycle — getting closer to euphoria. That means there’s still some juice left in this rally… but here are the red flags i've seen so far & you should keep an eye on; -Chamath announcing SPAC start of the SPAC frenzy -Ai hype > dot com hype (bubble) -Meme stocks like Open Door $OPEN ripping -New finance creators on tiktok/youtube -Celebrities pumping stock/crypto (kanye west failed $YZY coin) -IPOs 2-3x in days / IPO frenzy -BTC/ETH near ATH -Gold/metals ATH -Analyst raising S&P targets -High Pe stocks Palantir ($400b market cap) at 500+ P/E -Everyone talking about stocks/crypto -Buffet indicator/ Cape Shiller PE high However, a lot of people are still in disbelief about this rally. Many didn’t buy the April dip, and this has become one of the most hated V-shape recoveries in years. Truth is, plenty of investors (even big institutions) want this rally to crash simply because they missed it. Ironically, that “hate” can actually fuel the rally higher—especially if we get a September rate cut. What do you guy think?
8,606 views
32 Comments
Brett
@birdmanbrett · 1yr
Coinbase isn’t even in the top 100 apps on the app store. When it gets to top 25 start worrying
Carl Sian@carlsian · 1yr
I bought the April dip and super happy with it.
Brian Tong
@brtong · 1yr
Tom Lee says Buy
Nic Yo
@n_i_c · 1yr
Great post and analysis to keep us updated!
See the full comment section 👀Sign up for the full Blossom experience!
