Thursday, August 20, 2015

Fast Money. Aka. "No Bid Market"

Skynet's efforts to keep the market pinned to all time highs for 8 months despite persistent selling, means that the breakdown will be extremely steep and deep. A Flash Crash, without the rebound...

Down Volume / Total Volume

The S&P has been at this level since last December.
That's a lot of 401k retirement money waiting to be flushed down the shit hole, along with the 5 prior years of fake believe money...

Red line is % of stocks above 200 day moving average

Equity Put/Call: Single stock bets on a decline:

Those who plan to "get out" after Skynet, won't be getting out at all.