Shorts have covered and Wall Street is ALL IN for the fourth quarter. Volatility has been artificially crushed, making hedging ironically unaffordable. The economy is rolling over and profits are tanking. This entire shit show is running on mass delusion, Prozac, Reality TV, Faux News, arrogance, denialism, conflict of interest, moral hazard, greed, and Central Planning for Billunaires...
The short-term Nasdaq 100 count
The long-term count with Rydex asset allocation:
Overnight risk aka. Aussie / Yen:
The Imagined Reality Fund aka. Amazon et. al...
Nasdaq 100 with % of stocks above 200 day moving average (34%):
Blue line is 200 dma
Blue line is 200 dma
Credit spreads:
Dow Transports:
NYSE Composite:
Goldman Sachs, Morgan Stanley, JPM: All of which missed already lowered revenue estimates...aka. Financials
Who wouldn't want to buy this?