Wednesday, May 18, 2016

The Sum Of All Ponzi Risks

The Nasdaq's third lower high:


Consumer staples:

Fed June rate hike odds just spiked

The Dollar is up 3% in two weeks

The China panic devaluation has resumed

The Oil/Emerging Market trade just reversed at multi-month overbought

Retail is getting obliterated

Massively over-owned recession stocks are leading the way DOWN

The S&P closed 7 points above the breakdown level from August and December 

Skynet broke today, due to a "critical error", on average volume...