I think there are tons of momentum players right now. The proliferation of levered ETFs for example, both in terms of AuM and in terms of their performance. TQQQ/SPXL are huge outliers compared to YINN for example. Then we have the dominance of chart analysis. We have the success of Bitcoin. Then the MicroStrategy cosmos. Meme stocks. The rich valuations of companies like PLTR or TSLA. The fact that large stocks get larger and small stocks get smaller. All of that is very ripe to unravel.
Which one is the smaller crowd one right now?
I think there are tons of momentum players right now. The proliferation of levered ETFs for example, both in terms of AuM and in terms of their performance. TQQQ/SPXL are huge outliers compared to YINN for example. Then we have the dominance of chart analysis. We have the success of Bitcoin. Then the MicroStrategy cosmos. Meme stocks. The rich valuations of companies like PLTR or TSLA. The fact that large stocks get larger and small stocks get smaller. All of that is very ripe to unravel.