flyingsnowball
5.7K posts


For my non-Dutch homies who can't find the translate button: All these ratio charts point me in the same direction: namely, that it appears we're very late in the cycle in which tech and speculative stocks have dominated, but the time for outperformance by more defensive stocks seems to have arrived. My hypothesis is that we're approaching a turning point toward risk-off (or may already have passed it). This is bearish for tech stocks (and crypto) and would mean longer-lasting relative strength in commodities, energy, and other defensive sectors. This aligns with and follows up on the hypotheses I shared earlier in a long thread on capital rotation. The charts I shared and the shifts they suggest unfold on the scale of months and years. If my hypothesis proves correct, we're only at the beginning of a major shift in capital flows and a regime change that could have major consequences for the average retail portfolio. $SPX $NDQ $BTC




Better to pay the embarrassment tax than the regret tax












My mom was right. It's that damn phone. Bro missed the insane once in a lifetime moment, looking at his phone.





