Pre market collapse? July 8 2021

Fed is always ready to double down after all this work to ensure that the market doesn't crash

 

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They are buying TSLA on the daily charts;
weekly selling. TSLA heavy ETFS are looking much better than TSLA,.....................................

 

I knew I could count on accumulated 100s of years of experience to provide that 10k view of today's little shake up. Day trading got to me
I did nothing at all today, switched off the screen. It feels good.

 

If you don't let it end, it won't. As long as you keep playing, the music will never stop.

 

They can't prevent it from ending - but they've proven they can kick the can much farther than expected.

 

To the point that the can is gone...

 

All good things come to an end. All.

 

Same thing over and over. One big down day, then back to new all time highs. If you want on the train, these little one day drops are about all your going to get. All equity markets are overbought. The FOMC with its magic money machine is pushing everything not nailed down to the moon. Everything even used cars are overvalued.

 

Yes, if we wait long enough the market always goes up. The key parameter isn't the market going up, it's time.

 

Same thing over and over exactly, called them after the fact.