Monday, April 25, 2016

ALL IN The Hotel Californication

To recap:
Insiders selling at the fastest rate since last Fall
Active Manager exposure highest in a year
Layoffs to still miss the quarter
China going supernova
Rest of the world in 2006
Casino volumes lowest in 18 months...

Trading volume has collapsed. Lower than August and December...
30 day moving average S&P (SPY ETF) volume:

Double Cross

Gamblers celebrated today's golden cross (50/200), even though the December cross marked the very end of the rally...

Liquidity: Is a tad light right now...
Price / volume:

Price momentum

Bollinger bands

"Of course, getting everyone in on minimal volume was the easy part"