SPX downsideIf this continues to act the way it has been, this rally might be nearly over.. probably safe to start shorting soon on the SPX
I have already begun at 4004 picking up shorts and willingly ready for another 100 points with long term view of being further downside and higher reward to downside than upside currently.
BOOM
AAPLJust a matter of time before this one falls towards 100-120 range. Monthly shows poor action, other tech tickers look awful.. market should be in turmoil in no time and if not 2023 is going to start the year off just how 22 did.
Just yesterday there were outperforming ratings of AAPL PT $220!!!! They are straight baiting people , don't get trapped PLEASE.
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Housing Market Boom / Crash Statistical AnalysisHousing market's median home value (for new homes) peaked 2 months ago at $457k.
Total growth leading up to that point over the last 59 years, since 1963, was $439.3k.
The last two years accounts for a significant portion of all growth, while the last two growth periods displayed more growth than all of which occurred during the 44 year period between 1963 and 2007
12.4% of all growth has been lost in the last 61 days, or 37% of what was gained in the last 2 years.
Following the bailouts in 2008 we began to see recovery across markets, but starting around 2010 an exaggerated period of growth began. After the covid pandemic flash crash, that exaggerated growth skyrocketed, leading to an unsustainable market economy, especially in housing.
The losses we've seen over the last 61 days may indicate the beginnings of an extended period of severe loss if markets are left to correct naturally, if not artificially bailed out yet again.