Thursday, September 1, 2016

The Staining of the Underwear

aka. Meat. Grinder. Bone...

ZH: Sept. 1, 2016
Stock Market Levitation Hits Record Heights

ZH: Aug. 31, 2016
Traders Most Bullish In Three Years

ZH: Aug. 11, 2016
Insider Buying Lowest On Record


Cash balances inverted




S&P % of Stocks above 50 day moving average:

Doh!




Oil is getting liquidated in size aka. third wave down at ALL degrees of trend. Traders have defended this same level 15-20 times, but not anymore...the underwear is now getting stained...



3x leveraged oil has lost over half its value since June:

Sumamabitch!!!