Click charts to enlarge $SPXA50 Normally we’d short about here or very soon, right? Beware, this can be a repeat of the Apr-Jun 2007 period.
readBased on this chart, I think it’s safe to assume SPX will close with a cliff-hanger 🙂 We’ll keep guessing a bit longer what happens
readThe are three ingredients to the good life: learning, earning, and yearning. Christopher Morley, American novelist and essayist
readAccording to Beat the Dart, current key level on SPX is 812: “If it breaks the shorts would need to cover — massive margin calls.”
readSource: The Globe and Mail, Report on Business We now know a lot about how decision-making occurs within the brain. For example, we know that
readWow, a pretty extreme reading this morning. This can’t last! Way more calls being bought than puts. This is a contrarian indicator, meaning — the
readI added a new link to my blogroll — check out The Darwinian Investor for stock ideas. TDI is a trend follower, so his scans
readCall-to-Put Ratio This is seriously overextended. This morning I couldn’t believe my eyes – it went back to bull market levels in one day! Notice,
readI’m Ursa Minor at the moment 🙂 and if there’s a pop in the morning, I’ll go full bear. Here are some charts to back
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