Latest insider buy/sell stats, as of March 8th. In addition to this, there’s been some selling on strength of SPY, not super significant but around
readInsiders aren’t shopping much lately: Click to enlarge And for comparison, here’s the $SPX Chart for the same period
readS&P500 vs TSX Composite charts. Particularly interesting is the 5-year chart. There have to be some people who have been waiting for the last 4
readAccording to Finviz, short float on [[SPY]] is 42%!!! Incredible. Hmmm, not too comfortable with that, seeing as I’m short SPY as of last Friday.
readClick charts to enlarge $BKX, Bank Index This is in a very ugly territory. It hasn’t been this bad since the start of the 2008-09
readBig picture looks bad, and uncertain. Scary volume on this dump. Option 1: real danger Option 2: panic because the “wounds” of 2008-09 are still
readInvestors have heard many decry the decade of the 2000s as the “lost decade.” A dollar invested in the S&P 500 on the first trading
readI still insist the general market is oversold and is due to go up. Here’s a chart showing what happened every time oscillators I use
readA bear flag on S&P index. Frankly I expected something like a June bottom, but it doesn’t look like that so far. Maybe it will
read3 months of advances on SPX was erased in 13 sessions, or 3 weeks. They say it’s a sign of a bull market – small
read1,050 on $SPX or thereabouts is a very logical support zone – 34ema and 50ema on the weekly are around there, and stochastics are getting
readAh, finally – buying on weakness showed up. Approximately $400MM on SPY alone today. Bounce time! (imvho, dyodd blah blah) Within 1-3 days.
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