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zcole1101
wrote a post05/18/2022 19:12
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$Invesco QQQ Trust(QQQ.US)$As of 2021, 25% of trading activity is reta...

$Invesco QQQ Trust(QQQ.US)$As of 2021, 25% of trading activity is retail driven,  up from 20% in 2020. However, the top 10% own 89% of all US stocks.

This game isn’t about us posting here lol. This whole race to the bottom is a battle between them capitulating or consumer credit markets forcing them to capitulate.

It’s impossible to tell which way things are going, but for those looking for a bottom, I think we’ll have to wait for 2nd quarter gdp. I don’t see how a recession has been priced in without that data. If a recession is priced in, we’d be at much lower levels than this and you can palpably feel it in the streets. $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$ $S&P 500 index(.SPX.US)$
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