ETF Rewind – Intermediate Overbought | Week 20 | 05.17.13
Posted by Mrkt_Rwnd on May 19th, 2013Source: Mrkt_Commentary** subscription service; prior posts. Click Twice to Enlarge – NEVER INVESTMENT ADVICE
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Volatility is extremely stretched below its mean: not bullish. And then there is Cyprus…. Source: Mrkt_Commentary** subscription service; prior weekly posts. Click Twice to Enlarge — NEVER INVESTMENT ADVICE
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So overbought it doesn’t matter…? Source: Mrkt_Commentary** subscription service; prior weekly posts. Click Twice to Enlarge — NEVER INVESTMENT ADVICE
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Economic reports have been bringing holiday cheer to an empty table that remains concerned with the ‘fiscal cliff’. There are otherwise good seasonal and short-term quantitative odds for a bounce during tomorrow’s shortened session. That said, Sunday evening futures are once again looking a bit deadly, setting up markets for a major gap lower tomorrow [...]