Wall Street's Year-end Bonus Rally Has Encountered the Hindenburg Clusterfuck x 6
Negative momentum oscillator and
>80 NYSE stocks at new highs and new lows at the same time:
Current S&P Fractals
There are many dislocations occurring globally
The Shanghai Composite was monkey-hammered -5.5% overnight
Eastern European stocks are in free fall
Gulf State stocks are getting shellacked
Brent Crude thinks it's 2005 all over again
Thirty year Treasuries are at two year closing highs
Prechter & Co. ardently believe that Long-term Treasuries are going to collapse any day now. I'll take that bet - I assume there will be a few million other Ponzi borrowers that go bankrupt before Uncle Sam. The TLT (Thirty Year Treasury ETF is up 26% in 2014):
There's no way out of the Hotel Californication
Desperately trying to hedge after-the-fact
Index Put/Call
Zero Risk Priced In
Even at this late juncture, Wall Street is fat and happy waiting for the end of year bonus
S&P with VIX implied volatility (fear gauge):
Primed for meltdown.