Speculators and all-time-highs in the stock market.
In a market full of speculators, fundamentals don’t matter that much.
— Ryan Orry Lang (@orryano) May 12, 2026
You can have bullish fundamentals (e.g. projected cash flow and demand), but these can take months or years to materialize.
In the meantime, speculators can still check out like dominoes, one after another… https://t.co/Si0z2vuwG3
I’m cautious about this all-time high in the stock market because I wonder whether it is largely driven by speculators rather than investors.
— Ryan Orry Lang (@orryano) May 10, 2026
In the past few months, speculators seem to be driving up different asset classes, from one to another - then a rugpull.
Fundamentals… https://t.co/oKl0T57rZ6
I guess speculators are checking out of the market today.
— Ryan Orry Lang (@orryano) June 5, 2026
I keep seeing this market behaviour since the start of 2026.
Speculators rush in for the short term, drive up prices of different assets, and then they check out, typically on Fridays for some reason. https://t.co/oKl0T56U9y pic.twitter.com/oHJbSG8533
This is an example of what I mean when I say the market is full of speculators.
— Ryan Orry Lang (@orryano) May 20, 2026
Either the market:
1. Keeps going up with all the speculators’ cash inflows
2. Crashes when speculators check out like dominoes
3. Flip flops as speculators rush in and out, in and out https://t.co/tm9wvy2SWR