Sunday, June 12, 2016

You Had To Be There. For "Capitulation"

When everyone covered shorts ahead of the collapse...

This week's manic melt-up and late week reversal of fortune was compliments of Wall Street capitulating at all time highs on the S&P and Dow...

No other index in the entire world is near all time highs, which should have been a colossal red flag, but of course it wasn't...

Russell Small Cap Value:





The bull is just one rally away from making history. And Wall Street will be able to enjoy this one, especially after suffering through the worst start to a year ever in 2016.


ZH: June 11, 2016
Did Options Traders Dump Their Hedges Too Soon?

Yes, they did. The "Breakout" was a Fakeout...




Equity Call/Put Ratio:




52 week new lies



This is going to hurt like a motherfucker
Index put/call:




Cash balances



% Bearish
October 2008 versus now:




3x Leveraged Oil. Island reversal. Of fortune...




All time high? Don't make me laugh...
Blind Swan diving into pavement...
Nasdaq count: