Wednesday, March 2, 2016

"Where's The Dumb Money When You Need It?"

Sentiment surveys need a new category called "Recently imploded dumb money", because most people have already been monetized by serial psychopaths...




"The bears are trapped, get some more dumb money"



52 week range of average S&P Stock


"The IWM (Russell 2000) has a text book bottoming pattern"

Indeed



Unfortunately, sentiment surveys don't capture the fact that most bulls have already been obliterated, and are not reading clueless bullshit anymore, but brokerage stocks tell the tale...

"Recently imploded dumb money" visualized:





Mind the GAAP 'n Crap

ZH: Mar. 2, 2016
S&P GAAP Profits Lowest Since 2010