Here you have a short video First I review the trades for Fridays Broadcast and later the data for last week. Bulls are still under control but bears can try again given the price action in Asia. Video Link
There are 462 above the 14 SMA, from the list of 714 equities I track from around the world. The question is: how much time can the bears stay out of this market? The other side of the coin is that VIX is affecting risk appreciation and traditional option valuation. With the SPY trading at
September 29, 2017 5:15 pm /Published inSPX, USA, XAU
US equites are not cheap vs. EU or key Asian sectors, on the other hand small caps had a great month. The question is, why? FANGs stocks are likely to push higher forcing short sellers to purchase back taking the indexes to new levels as they did today at the close. Money Flow North America
R Option still flat and so far the system did not see enough US Equity Buyers to enter long at current levels. If they do not appear I will not enter. I still read net sellers in US for September; this is likely to change as soon as the data for yesterday’s volume is published.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.