Bull Market Necropsy

2022.04.29 14:05

I am watching what’s going on after hours, and I like what I see. A lot. Observe Amazon (NASDAQ:AMZN):

Amazon Stock Chart

And Intel (NASDAQ:INTC):

INTC Chart

And, vastly more important, Apple (NASDAQ:AAPL):

AAPL Chart

What was remarkable about Thursday is that as strong as the ES was, and as vicious as the rally behaved, it simply tagged its high mark from early this week TO THE .

ES Chart

The bull market is dead. These prices may not be seen again on the NASDAQ in our lifetimes.

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