Thursday, June 16, 2016

2008 Is Resuming Right Where It Left Off

Volume is heavy as all of the last leaders are now getting sold...

All of the mega caps are in the red...



Gap 'n Crap in progress...




3x leveraged oil is mega-ploding on heavy volume
-27%


Small caps (red) have rolled over hard...


Berkshire


JnJ with VIX



Brewers are down -4% on the week...




Still mass complacency
TRIN


Too late to hedge