Wednesday, December 23, 2015

Tops Are A "Process". Followed By An "Event"

A three day short-covering rally on no volume. What could go wrong?

Shorts are the only thing keeping this market up, since 2015's leadership stocks "FANG" (Facebook, Amazon, Netflix, Google) are rolling over

Internet fund / Russell 2000:

Equal weight / cap weight:

Either Dollar / Yen rallies or this shit show ends post haste...

Wall Street believes in the fake recovery. Bonds, not so much

Dollar / Yen with Bond yields