Thursday, December 3, 2015

Flash Crash 2.0: Careful What You Wish For

Stoned gamblers are praying for a weak jobs number tomorrow. One of these days, that strategy will end suddenly and violently...

Speaking of which:

S&P with NYSE momentum (red):

We've seen this movie before...

Trend lines do matter:

Short-term interest rates (1 year) with deflation (red): Based on what Yellen said today, rate hike odds are "high":

One more asinine divergence: "On balance volume"