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Saturday, May 14, 2022 12:01:41 PM
"A margined investor that was heavily concentrated in these stocks and didn’t dump them in time could get wiped out and might be thinking about rejoining the labor force to help solve the labor shortages.
Margin debt peaked in October. The Nasdaq was a month behind and peaked in November. Since then, margin debt has dropped by 17%, and the Nasdaq has dropped by 27%. And in terms of stock market leverage, that’s the tip of the iceberg."
https://wolfstreet.com/2022/05/13/massive-stock-market-leverage-unwinds-amid-brutal-bloodletting/
Hey, don't make fun of my girlfriend, at least all she eats is bananas.
What I post, trade or say is only based on my personal opinion at the time of the post. It's not meant to be trading advice. Please only trade based on your own due diligence.
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