Utilities ETF actually hitting 52 week highs today Safe haven like the yen and bonds also having good day
i know this probably sounds a little crazy, and i think you and i both touched on this and felt the same way the other week, but it kinda seems like we haven't really experienced that feb. 2nd type selloff yet? the word i guess i'm looking for here is "disorderly". since the oct. correction began, it seems like much of this selloff has been of the "orderly" variety if you will. i'm kinda thinking we need to see a really scary day like feb. 2nd to maybe mark some kind of meaningful bottom. maybe we see that soon? otherwise, we're just not done yet. idk, just my 2c with regards to that
To me this market has felt like distribution all year, big engulfing sell days seems like an unwinding. Probably the FED unwinding and then made worse by the BOTS.
TLT up to this resistance line. Would be alarming if yields keep dropping (ie bond prices keep rising).
I'd prefer entering at around 2650 or 2600, but after the price rallied to 2800 yesterday, 2705 isn't terrible
Possible pattern in the VIX. Arrows show the day before the 4th and the 18th of each month since October. Although this chart doesn't show today's VIX, rest assured it is higher.
Even Schwarzenegger is going off meats. Burger joints need to take veggie options seriously. Make a triple veggie burger. Veggie option is not just for health/weight concerns, but also for environmental concerns. And people who go veggie still want to have fun. https://www.washingtonpost.com/ente...771302-f709-11e8-8642-c9718a256cbd_story.html
Bank stocks fall the most in more than a year, enter bear market https://www.cnbc.com/2018/12/04/bank-stocks-fall-the-most-in-more-than-a-year-enter-bear-market.html