Checking In On The Peanut Gallery

JC Parets
December 30, 2020

Since June, we've seen so many different breadth thrusts in the Large-cap Indexes, Small-cap Indexes and even within specific sectors. They keep showing up.

So when you look back historically, these breadth thrusts tend to come near the beginning of strong uptrends, not near the end of them. Go back in history and you'll notice how consistent this is.

So today, I thought I'd share some thoughts from the peanut gallery regarding my comments about this being the beginning of a new bull market, and not the end of one.

Enjoy:

Incredibly misleading for novice investors. 

Using the buffet indicator (and common sense) we are likely closer to the end of a 13+ year bull market than at the beginning of a fresh bull market.

LOL! The dumbest market ever.

A new bull market?  Oh right we had a dip in $SPY so that was the bear market?  After that horrible .03% crash all bulls can do is salivate over extending the income gap even more.  #karmacoming

yeah that guy lost credibility posting this,  terrible comparison! It's so bad it's not worth responding too. This dude is obviously in that .01% insulated from what's going on, might even be part of it . The continued slaughter of the middle class isn't stopping anytime soon,  you can only pump up stock so long while proletariat is being destroyed.

Great reset is real , the shenanigans will continue .

did you just start? you dont see the sell off thats coming?  buy when its low to have guaranteed no  to little risk.

if i am wrong i watch your lambs not get slaughtered

lol “beginning of new bull market” is truly delusional. When did msft and the faang ever stop their relentless march higher?  The Fed has pulled forward 30 years of gains for baby boomers.

breadth? Today’s breadth 3rd worse day since 1962 as of an hour ago.

it’s insane what these bullish clowns post . Everyone feels like a genius in the fed backed “bull market” I presume .

that's a very very bad message to post . Newbs see it and give it credibility because of his followers . The comparison was terrible , completely false .

how exactly do you begin a new bull market when it never ended? We were technically in a bear market for a maybe a couple weeks but I wouldn’t consider that a start to a new bull cycle

Practically a steady line straight up since 2008, yep just  getting started, give me a break

I think it’s misleading by assuming and then suggesting we are at the beginning of a new bull market. Bullish or not, that’s simply not the case

@allstarcharts you crazy

 

Does that sound like froth to you?

You think everyone is in by now?

Or is this just another classic early cycle environment?

JC

 

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