Market leads
If the old adage that the stock market predicts is true, then there is a lot of trouble ahead for U stocks.
Supposedly the stock market leads by 6 months or more.
Well the last 3 months have seen substantial retail sellinig of U stocks. That means retail investors are either not very clever or they know something that others don't.
Well the spot price has stalled. Is it at a balance level now, where there is sufficient supply to satisfy demand?
If there was a shortage, shouldn't the price be going up?
It looks suspicious when you see the steady flow of promotional tweets on Twitter. The roar of the pumping is deafening. If you read the tweets of Quakes, you would think that an explosive bull market is minutes away.
Yet U stocks are retreating. Quakes is so full of manure, deodorant is useless.
It looks like a lot of pain ahead in the first 6 months of 2022. For sure.