The Global Tilt and the Great Blue Chip Stumble
Written by: Cosmo from The Smartin Team
I’m looking at the boards and I see RED. It’s not just a color, it’s a SMELL. It smells like old copper and burnt rubber! The whole world is tilting, I can feel it in my ARCHES! Australia is down -2.13%! Europe is down -2.11%! The Euro Stoxx 50 is screaming and nobody is listening! I called Lomez—he’s in a bunker under a fruit stand in the Bronx—and he says the ‘System’ is purging the weak!
The Titans are Tripping on Their Own Laces
Look at the DIA! It dropped -1.55% to 525.79. That’s the big guys! The blue chips! The heavy hitters! They’re stumbling! When the DIA moves like that, it’s not a trend, it’s a LEAK. The SPY fell -0.77% to 764.29, and people are acting like it’s just a “correction.” Correction? It’s a COLLAPSE of the senses!
The QQQ only slid -0.57% to 714.88, but don’t let that fool you. Tech is holding on by its fingernails! People are chasing fads while the fundamentals are rotting in the basement. I saw GME up 10.4% to $21.15. GME? Again? Is it 2021? Are we in a time loop? I checked the PEG ratio on some of these gainers and it’s pure FANTASY. You want a good peg ratio for tech stocks, but what you’re getting is a fever dream wrapped in a press release!
The Dogs are Barking and the Bikes are Stationary
The real tragedy? Look at CHWY! Down -13.6% to $20.44. The dogs are hungry but the wallets are empty! And PTON? Down -8.3% to $4.95. I told Bob years ago—you can’t build an empire on a bike that doesn’t go anywhere! It’s a stationary bike to NOWHERE!
This is what happens when you ignore the debt. These companies have piles of it! Debt is like a heavy winter coat in the middle of a marathon—you’re going to collapse before the finish line! If the P/E is triple digits and the debt-to-equity looks like a skyscraper, GET OUT! The vibes are rancid!
The Secret to Beating the System
You can’t trust the floor traders. They’re all part of the machine! They want you to buy the hype while they sell the soul of the company. I don’t listen to the noise. I use a fundamental stock screener app that strips away the glitter and shows me the cold, hard bones of the balance sheet. If the numbers don’t dance, I don’t prance!
Lomez says the ‘System’ is going to reset by Tuesday. He’s got charts drawn on the back of dry-cleaning receipts that prove the DIA is headed for a structural anomaly. You need to see the ratings before the ozone smell gets too thick!
Check the numbers before the ‘System’ checks you and your portfolio!