There's a storm brewing. It might not be a perfect storm, but it could be a formidable one for any bulls. We have two escalating global conflicts (Ukraine + Israeli) + Technical indicators all point to market over bought + Fed is denouncing the valuation of small cap, tech and bio tech sectors.
We could still go up more if the invisible hand of the market decides to do more short squeeze, but I would still prefer to be a "cautious" bear on the short term.
We could still go up more if the invisible hand of the market decides to do more short squeeze, but I would still prefer to be a "cautious" bear on the short term.