On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Many top fintwit gurus noticed that a widely followed and popular
indicator, the so-called Warren Buffett’s Global Market Indicator hits a record
142% today, “signaling stocks are too expensive and could crash”
(@Schuldensuehner; @silverguru22). On the other hand, however, the Daily Top
Killer (DTK) index, which has consistently pinpointed ALL major highs since early
2020, is still imbedded in the blue zone, which means the top has been in yet.
the previous pattern holds true, then it would take at least 3-5 trading days
for the indicator to crawl out of the blue zone and begins entering the orange
zone, then probably the RED ZONE. So, more patience is still needed for THE bears.