THE ICARUS RALLY – SUMMER EUPHORIA & FALL CRASH According to the latest BofA flow show report, Michael Hartnett writes: Strong inflows, “active” inflows, big returns, record low private client cash…Icarus won’t soar forever; but big Humpty-Dumpty fall in risk assets awaits hawkish central banks + EPS/GDP reversals; in absence of immediate negative impact on small […]
SINGING CANARIES & THE CASSANDRAS WHO PREVIOUSLY WARNED Last year in our monthly MATA report we discussed the number of Cassandras that were warning about a market correction. Throughout 2016 we tracked the increasing number and then last year with the listing being so long we simply highlighted the fact that George Soros has come […]
NEW WORLD OF “REWARD-FREE” RISK & “MARGIN OF SAFETY” REMOVAL — SOURCE: 06-04-17 Authored by Jesse Felder via TheFelderReport.com, – “If There Was Ever An Example Of “Reward-Free Risk” This Is It” ‘What is the opposite of a “margin of safety”?’ This is a question I’ve been considering because it seems that’s exactly what investors have […]
AAPL,FB,AMZN,GOOGL,MSFT OF 2500 NASDAQ STOCKS ACCOUNT FOR 45% OF GAINS — SOURCE 04-24-17 ZeroHedge – “0.2% Of Nasdaq Companies Accounted For 45% Of Its Recent Gains” — Just five of the more than 2,500 companies in the Nasdaq Composite Index are largely responsible for Tuesday’s first-ever close above 6,000. The big five are Apple Inc., […]
MARGIN DEBT: HISTORICAL BENCHMARKS SIGNAL POTENTIAL PROBLEMS — ABSTRACTED FROM: 04-04-17 Lance Roberts via RealInvestmentAdvice.com, “Margin Debt Hits Record, Nothing To Worry About?” 1- MARGIN DEBT AS A % OF THE ECONOMY …The stock market should be somewhat reflective of underlying economic activity, then the correlation between the markets, leverage, and economic growth should provide […]
MARGIN DEBT: LEVERAGED LEVELS AT ALL TIME HIGHS — ABSTRACTED FROM: 04-04-17 Lance Roberts via RealInvestmentAdvice.com, “Margin Debt Hits Record, Nothing To Worry About?” On a quarterly basis, the market is currently more overbought than at just about any other point in history. The vertical red lines denote the bear markets that occur from […]
S&P 500: 50 days without a 1% swing – 14 days without a single loss? The S&P 500 has now gone a stunning 50 days without a 1% swing… The S&P 500 Tech Sector has gone a record 14 days without a single loss…
CAUTION: Strings of NDX Highs on Bad Breadth Typically Does Not Bode Well!
