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It’s clear that the insipid October 13th-February 2nd counter-trend rally is busted, and worldwide stocks have totally stalled out as bulls the world over pray to whatever false gods they worship that equities soar to new highs for no reason in particular.
Seriously, these “meme stock” thing is so 2020. It needs to go the way of the Pet Rock and the leisure suit. Again and again, naïve suckers have been pulled into this piece of bankrupt garbage, among others.
Good morning, everyone, and welcome to the shortened week. I’m pleased to see every single stock future is red, with pre-opening drops of a bit more than 1%. This is the kind of market I love. I never want a crash. Just drop 1% every day until the end of time, and I’m a happy fella. We’ve already taken out the lows of the prior week.
