Imo $tsla is destroying market structure at this point
When combined it with $AAPL the higher they go to the bigger the impact to have in forcing unwinds of hedges/liquidations in long short portfolios
The impact on the other side of this are going to be horrendous
When combined it with $AAPL the higher they go to the bigger the impact to have in forcing unwinds of hedges/liquidations in long short portfolios
The impact on the other side of this are going to be horrendous
last time I saw market behavior like this was in March 2000
repeatedly to the point of insanity the market tanked a few percent & highflyers would be bid to new highs until market random names sounding like highfliers but looking cheap we’re bid up
Today makes 2000 amateur hr
repeatedly to the point of insanity the market tanked a few percent & highflyers would be bid to new highs until market random names sounding like highfliers but looking cheap we’re bid up
Today makes 2000 amateur hr
What happened next was a 37% drop in few days for the NASDAQ - you are warned - what is happening now makes what happened in 2000 on the NASDAQ look like child’s play
If you lived through NASDAQ insanity in 2000 then u recognize the kind of distribution going on right now.
this is not accumulation it’s distribution and a huge waste of resources/energy creating unproductive price results
it’s a very big distribution Right into hands of fools
this is not accumulation it’s distribution and a huge waste of resources/energy creating unproductive price results
it’s a very big distribution Right into hands of fools