Wednesday, October 7, 2015

Never Cry Meltdown. I've Tried.

If you inform the Idiocracy that the impossible is not possible too often, they lose interest. An unfortunate side effect of having the attention span of a coked up flea...

The carry trades are the achilles heel of Globalization.
Something about printing several trillion dollars of new money, making it available for leveraged speculation at 0%, and then having no fucking clue where it all went...

Aussie / Yen with S&P aka. "Overnight risk"



The Nasdaq 100 is extremely weak aka. Biotech, Apple, Facebook etc.
Nasdaq 100 with % of stocks above 200 dma



Nasdaq 100 wave count:



Biotech count:



"Overbought"
McClellan Oscillator since January: