Monday, October 26, 2015

"Good News: It's 2008 All Over Again"

Skynet is a computer algorithm designed to pin the Dow to all time highs, so the sheeple can be fleeced in broad daylight. Whereas Elliot Wave plots gamblers' oscillation between greed and fear with interminable boredom in the middle...

Right now, they're both chasing Facebook into year end...

ZH: Oct. 26, 2015

"equal-weight is underperforning cap. weight by 2.4% over the past 12 months - the biggest decoupling since 2008."

S&P Equal Weight / Market Cap Weighted
aka. Google, Amazon, Facebook and Microsoft...



Equal Weight - Cap Weighted
The last time the divergence was this large, was right before the Flash Crash in August. I'm sure it will be different this time...
Close-up 



Skynet is trying the exact same desperate trick it tried in the summer aka. internet stock moonshot (Google lower pane)...
Nasdaq 100 with % of stocks above 200 dma: