You Need To Take This Selloff Seriously
Image Source: Unsplash
Peanut the squirrel was a sign… When a crypto pegged to a martyred rodent hits a billion dollars in market cap, you know it’s a sign that the froth is getting ridiculous.
And that’s what happened. Boom. A broad, brutal selloff. The S&P 500 off 1.5%; Nasdaq’s been hit 2.6%. Volatility’s spiking.
While these dips don’t seem statistically significant - and they might not be - they’re a harbinger of some big, big moves…
Basically, traders out there are headed for the door. And that door is very small.
Video Length: 00:12:56
More By This Author:
Here’s What DOGE Means For Interest Rates
How The Trump Bump Could End In A Slump
What PNUT Tells Us About This Market
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
more
Comments
