Meme Top

A Short-Seller, The Economist and a Shrub walk into a Bar...

As if this Market couldn’t get any more “Meme”, today I woke up to this headline:

For those who don’t know, Carson Block is one of the most famous short-sellers out there.

When a short-seller tells you to “close your eyes and buy” US Stocks at All-Time Highs, this can only mean one thing:

• It’s a Meme Top ™!!!

A friendly reminder that “Meme Tops” (introduced here) are not quite “THE Top”, but rather short-term Tops marked by “meme” moments in time: for example, when a famous short-seller tells you to close your eyes and buy US Stocks…

…and to complete the Meme Top, here comes The Economist with this gem of a cover…

Between a short-seller turning bullish the US Market and The Economist calling the US the “Envy of the World”, I feel like hiding for a while, but I’m not sure it’s going to be that easy!!!

Disclaimer:

This isn’t financial advice. This is the equivalent of reading MAD magazine for finance but worse: This is the trading blog of a shrub.

Don’t be Stupid. Seriously. How many times do I have to repeat this ….