Answer: Who cares? It's not their money...And the redemptions will come regardless.
In other words, the average zombie has no clue how much Wall Street needs them to throw money at this rally...
And is it not ironic for a bunch of consumption zombies to load up on more shit they don't need in the holy name of their saviour of consumption, right before their Ponzi scheme implodes? It's almost as ironic as the burial of Unhedged funds at the hands of a beloved Democrat...
Percentage-wise, here's how deep Wall Street's love of Hillary (and vice versa) buried them...
"This is why we get paid the big bucks"
Hedge funds / S&P ratio:
Now back to the show that we've seen already several times, but how would we know the ending?
The Idiocracy always believes the exact opposite of the truth, hence no surprise, for anyone with an attention span lasting more than :15 seconds, Utilities are not leading, they are lagging, and they are are the last sector to peak before the market rolls over - as we saw the last several times...
"Good news: we can't find our ass with both hands"
On Balance Volume:
"On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price"
We haven't seen anything this asinine. Lately...
% of stocks (not) above 200 dma
Oil is imploding as expected...EXCEPT the third recent high in oil also aligns with the third recent high in the S&P. Hence, the inconvenient month of December...
Yield: This is starting to look about right...
Big Cap Tech first wave down, a-b-c retracement...Did I mention December?
Risk Imparity ready to help out with S&P limit down 100 overnight again...
