First off, a standing ovation for the boys over at WallStreetBets. The reverse indicator is still rock solid. At least the Bozo who did this is self-aware enough to know he was about to get ruined.
![](https://slopeofhope.com/wp-content/uploads/2024/01/botatpeak-640x574.png)
As I’m typing this, the blithering and blathering of the CEOs and CFOs is going on in corporate suites o’er the land, and the melting continues. What a refreshing change.
![](https://slopeofhope.com/wp-content/uploads/2024/01/AMDMAMD-640x654.png)
![](https://slopeofhope.com/wp-content/uploads/2024/01/SDJJD-640x626.png)
![](https://slopeofhope.com/wp-content/uploads/2024/01/SDHDHD-640x676.png)
Let’s hope goddamned AMD stays down, which will make SMH and NVDA stay down as well.
At the moment, the /NQ has gotten its balls kicked in, as the laughable mega-rally on Monday has been utterly destroyed. Here’s hoping bulls gobbled up stocks like mad at the peak. I wouldn’t mind bulls being in utter pain for, I dunno, the rest of their lives or thereabouts.
![](https://slopeofhope.com/wp-content/uploads/2024/01/NQFUCKED-640x640.png)