No. of Recommendations: 15
Itīs not just Palantir. Whatīs already started more than 1/2 year ago is dying bullish euphoria (not identical with the strict 99 day DBE), more and more fear, alternating with greed again, more and more chaotic markets. Too chaotic to be sustainable.
Yes, rayvt might say "Markets rise on fear" and point to several indicators that support that we are still in an ongoing bull market, like SMAīs broken upwards from below, to the new recent high, in a purely mechanical sense resetting the 99 day DBE. Jim might philosophically say that bull markets can last far longer than any reasonable person can imagine. All correct.
The other side is the observation of my Ex, a life-long hobby gardener: "Before plants die they often blossom unusually strong. But donīt be fooled. In truth itīs their last twitches, spending the last breath and energy in a desperate try to survive/reproduce".
