The fastest-ever 35% collapse from a record high followed by one of the strongest and most relentless rebound rallies in decades. The violence of the descent, on an unprecedented enforced economic halt and incipient credit panic, was hard to escape. And the ferocity of the run higher difficult for many wary investors to believe or ride.
As Instinet technical strategist Frank Cappelieri put it Friday, "The price action and chart patterns remain bullish, while the secondary indicators are flashing warning signs." Options traders are getting quite aggressive in their bullish bets again, with the 10-day average of downside-put to upside-call volume near extreme lows seen in January of this year and January 2018, both near market peaks.fast-money fatigue after a headlong sprint, coming after a nasty downside reversal midday Thursday. And some widely followed trend indicators have reached "upside exhaustion" readings.
is 3067 – about 1% above last week's closing level and well below the typical forecasted gain of 5-10%.
Here are the Fed's ETF holdings as of May 19, ordered by aggregate market value.
Don't fight it ride it.
The market will never go down again. Ever.
who cares about rioting? the only movement the federalreserve banking cartel cares about is MORE PRINTING!!!
Wall Street 🔥 🔥 JusticeForGeorgeFlyod inequality BlacklivesMaters
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