Thursday, August 18, 2016

LIMIT DOWN on Bullshit

What happens when the world's largest stocks by market cap - Berkshire Hathaway, Johnson &Johnson, Apple, Facebook, Google, Amazon, Microsoft, Exxon, Walmart all roll over at the same time?

You get a Flash Crash followed by liquidation...

A top heavy market visualized:
Russell 3000 / S&P ratio:




First, what is the difference between last August and this August? Last August, oil bounced AFTER the Flash Crash...



Walmart is rallying today on better than expected lowered expectations...



Cisco's 5,500 job cuts to make the quarter did not live up to Wall Street's expectations...



The World's largest actively managed fund, Berkshire Hathaway, underperforming...



World's largest Energy stock: Exxon:



Largest stock by market cap: Apple



Leading recession stock: JnJ



Leading growth stock, Facebook:



Amazon versus Sears