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Non-Tech : Kirk's Market Thoughts
COHR 185.83+5.8%Dec 19 9:30 AM EST

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da_spot
Kirk ©
toccodolce
To: da_spot who wrote (25028)6/30/2025 10:59:52 PM
From: stuffbug3 Recommendations   of 26800
 
Read the entire thread on X.
Note that Milton Berg is positioned 145% long equities.
Last two posts in the thread.

"At this time, there are blatant divergences between the indexes. The S&P 500 Equal Weighted Index has not generated a new high. Neither has the Russell 2000 nor the S&P Mid-Cap Indexes. This might prove Transient"

"The record volume selloff in April remains reminiscent to the record volume selloffs during the first quarters of 1929 and 1987. In those instances an extraordinarily strong rally led to peaks and crashes in the fourth quarter "

Milton is looking for technical signals that the current rally is near an end and due for a pullback. In my opinion, he does not see enough bearish signals to sell.

In both 1929 and 1987, the peaks occurred in Q3 and the crashes in Q4.
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