Daily Charts - Bargain hunters should be looking for a different kind of liquidity

Callum_Thomas
04-12

1.Weekend Wine-d Down...

With fine wine prices down -25% off the peak, vs about -12% for stocks, maybe bargain hunters should be looking for a different kind of liquidity 😅

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2.One interesting dynamic is we haven't seen a whole lot of rotation through this...

Basically been a process of "sell everything"

Still, it's well worth keeping an eye on some of those stretched setups like the one in this chart.

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3.Funny how things just seem to have a habit of happening when the Market Cycle is "ready" to turn...

Stockmarket Cycles reflect

-valuations

-business cycle

-financial cycles

-social/political cycles

-industrialization/innovation cycles

There were multiple signs that the market cycle was near a peak late last year, and now we have things happening -- and sure enough the cycle is turning down.

The next phase will be measured in months (if not years) ...and not by the daily/hourly news cycle! $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

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