To gain an edge, this is what you need to know now.

Momo Crowd Gorges

Please click here for a chart of Nasdaq 100 ETF ().

Note the following:

  • The chart shows momo buying on the bad news.
  • We shared with you in today’s Morning Capsule the bad news about jobs.
  • The fuel that has powered the momo and meme crowds in this market is a mixture of money printing, free money, low interest rates, and excessive borrowing.
  • The momo crowd had come dangerously close to running out of fuel going into the all important jobs report this morning.