Sunday, August 23, 2015

Last One Out Loses Everything

BBG: Aug. 23rd, 2015
Investors Have Been Pulling Money From U.S. Stocks At The Fastest Rate EVER

"From Apple Inc. to Alcoa Inc. to General Electric Co., the 50 companies in the Standard & Poor’s 500 Index with the highest share volume were down 5.7 percent over the three months through July, five times as much as the broader market.
That’s the worst underperformance since 2011 and came right before American stocks staged their biggest selloff in four years"

NYSE Up Volume / Total Volume aka. Distribution
30 week moving average

"No blind man saw that coming"

Goldman Skynet always knows something. Don't they?