The moment when people start crapping on Warren Buffett is usually the time you want to put on a helmet. https://t.co/Ngk5c0rMPi
— Jared Dillian (@dailydirtnap) December 18, 2024
Here is where it gets interesting and lethal for bulls.
The highest quality stocks are reaching the most oversold level of the year on price, but support at the 200 dma is still far below the market.
Meanwhile this rally is now led by absolute garbage. pic.twitter.com/GdwZGzsf1h
— Mac10 (@SuburbanDrone) December 17, 2024
Crazy stats. The market is telling us something. https://t.co/pHbOGVEQXP
— QE Infinity (@StealthQE4) December 18, 2024
Fartcoin and other memecoin speculation is the symptom. But watching teenagers trade options and equities like there are no consequences or reasons to hedge for a correction is another big tell. Too many people treat the stock market like a giant sports book.
— RealJohnGaltFLA (@RealJohnGaltFla) December 18, 2024
Nvidia’s down -17% from the all time high.
Bidless. pic.twitter.com/shXs4c3mhD
— Mac10 (@SuburbanDrone) December 17, 2024
What stage of the bull market?$QUBT market cap of $1.56 billion
Awarded $26k in contract from Nasa
Has revenue of $311,000 in the last 9 months. Yes, $311,000.
Formerly called Innovative Beverage Group Holdings. pic.twitter.com/yIrOZ0ya83
— HFI Research (@HFI_Research) December 17, 2024
yep compute for puppets.
— xiao sun (@xiaosun86) December 18, 2024
Apple now trades at over 41x earnings, its highest P/E ratio since 2007 (first iPhone was released). When Berkshire Hathaway started buying Apple in 2016 it was trading at less than 10x earnings. Berkshire sold 67% of their stake this year. $AAPL
Video: https://t.co/DxgSeBVEcn pic.twitter.com/of4Calq9Kr
— Charlie Bilello (@charliebilello) December 18, 2024
Value stocks are about to be down 12 days in a row.
In case anyone still gives a shit. pic.twitter.com/9GmahEW8Ba
— HFI Research (@HFI_Research) December 17, 2024
True. It’s possible the bulk of the economic boom of the next few years will be felt much more on Main St. than Wall St. Remember how the 2017 tax reform doubled the standard deduction for blue collar America while killing deductions for SALT? Maybe more of that this time.
— Jake Novak (@jakejakeny) December 17, 2024
um why is fartcoin up, i dont see news, its garbage
— Martin Shkreli (@MartinShkreli) December 17, 2024
The Wall Street Journal noted that there has been a boom in teen trading since the start of the Covid-19 pandemic. Teens are increasingly participating in the stock market, often driven by the same thrill-seeking behavior associated with sports betting. The article mentions that many teens are drawn to the excitement of day trading and the potential for quick profits, similar to placing sports bets.
https://www.wsj.com/story/teenagers-are-pouring-into-the-stock-market-2d9f9fc3
