Nasdaq100; Dump it!!
Updated
Aside from a total U.S. Market Capitalization that is now in excess of 260% of U.S. GDP (the historic norm, not the low, being 78%!) ...
- ... and a Doubly Exponential; f(x)=a^(b^x), Central Bank(s) push in equities, up to this point, ...
- ... and the leverage in the system (U.S. equity markets) now easily the eclipsing all previous records, by any measure, not just in absolute terms!;
hussmanfunds.com/wp-content/uploads/comment/mc210201p.png
- ... and since the current SPAC mania is identical to the South Sea Bubble, in as much as: "Let them see not what they do!",
- ... and since the total Market Cap of the top 1500 companies, that were unprofitable for each of the past 3 years, now exceeds $2.5 Trillion,
- ... and because of charts like these;
hussmanfunds.com/wp-content/uploads/comment/mc210201c.jpg
... and;
hussmanfunds.com/wp-content/uploads/comment/mc210201e.png
... and;
hussmanfunds.com/wp-content/uploads/comment/mc210201d.jpg
...- youtu.be/BzAdXyPYKQo
... there are numerous (too many to list) other leading-, as well as coincident-indicators which would all suggest that being long here is very unlikely to turn out well.
Such as;- The valuation of Bitcoin now equates one-fifth (20%) of the entire U.S. Monetary Base;
... and;
- ... and;
from this post;
... and so on. - The valuation of Bitcoin now equates one-fifth (20%) of the entire U.S. Monetary Base;
- youtu.be/BzAdXyPYKQo
Note
Note
Nasdaq vs. Dow (NDX/DJI);What a roll-over looks like.
Trade active
SHORTTrade closed: stop reached
Note
The most likely Top;
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