Q4 pump? More like Q4 dump.

Everyone was calling for the legendary Q4 rally and we're getting absolutely wrecked instead. Macro's not cooperating, liquidity's dried up, and retail's already capitulated.

This market has zero chill. If you're still holding bags from the top, you're feeling it right now.

The question isn't what happened to Q4 — it's whether we're setting up for a Q1 comeback or just bleeding into 2025.