facebook-chart-anyone notice?
Chart continues to roll over
Not sure if my subscribers have seen this chart, but here it is. Facebook is -16% from its highs. We all know that big tech, big data hubs are under pressure for their immense power that they truly hold. Let’s be honest Facebook, Twitter, Google, Amazon, Apple they are the new gate keepers. They are the new people programmers and we shouldn’t take this lightly. If its one thing 2020 has proven, its the fact that narrative spin can be quite extensive and even fact checking is now in question. We all have to be cognizant of the power these tech titans wield especially in regards to free speech.
Anyway here is the chart and the overall equity markets may begin to notice this, along side the jump in US Treasury yields:
Here is a quick snapshot of today’s equity markets thus far with the Russell2k leading today:
Alright everyone have a great day!
-Magnelibra Econemotions
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