It is "really hard to fight the tape," Galaxy Digital CEO Michael Novogratz said of equity markets now, highlighting that he was putting on puts and put spreads, and has almost thrown in the towel with that strategy and his views on the market direction short term.The market "feels like" it wants to go up, he said in an interview on CNBC, but notes that it is not a market you buy and come back twelve months later.He is seeing rotation into stocks that lagged the market, and so there may be another leg up, but ultimately the supply dynamics and economy itself mean that stocks are getting "very expensive" as the economy is unlikely to come back the same way it was.It is not a great sign for market bulls, he said in response to the observation that Apple (AAPL), Facebook (FB), Microsoft (MSFT), Amazon (AMZN) were at one point
