Pre market collapse? July 8 2021

Scary looking pre market.. TSLA, NVDA, AMC, SEDG...

 

The Asian market was down.
Then followed by the European market.

Come US session, US market might continue to go down,
reverse direction and go up,
or don't move at all
or various combinations of the above.

 

Those? They should be down like 20% or more, not 2%.

 

Getting close

 

I don't see a collapse. I do see a small dip a year ago.

 

Come on Aunt Bee stop scaring everyone.

 

What's a little red in a super overheated market.

And some of the Megas making Island Reversals.

Also $TRAN topped a little less than a month ago.

What me worry?

 

Collapse ? SPX is down 1% on another pretend catalyst or two that the financial media have hooked into.

 

ATH is in sight. Fed has your back, no need to pay rent or work. Collect free money and invest them. Dream come true. Caveat of course how it will all end ……

 

Unless you are a senior citizen or need to cash to live, how will it all end hardly matters. You just have to manage risk at all times and don't be afraid to buy stuff when it's cheap and nobody wants it.