I do hope that this was a bull trap and the pumping ends tomorrow 🤞🏽
-4-5 Mag7 went down 5-8% because of lackluster earnings or weak guidance,
-CPI & PPI hotter than expected
-Steel and aluminum tariffs imposed on Mex & Can (Response coming)
-Rate cuts aren't a sure thing in September anymore
-Cred card delinquency rates going up
-Unemployment claims rising
-Massive layoffs being announced
-New trade war with EU and Asian countries about to start
And we are going up as if everything is ALL GOOD???
Bearish
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