Monday, September 29, 2014

The Skynet Illusion: Don't Blink

Too late. No group exit from the Hotel Californication.


Con-o-Rama
Global Dow:


Bagholder: "A shareholder left owning worthless stocks"

Weekly Money Flow
We've never seen a divergence of this magnitude before...


The True S&P 500
The red line is the 52 week price range of the average stock (% from the bottom). To get the avg. percentage from the top, take the difference and divide by 2. (1-.66) / 2 = 17%. 
The S&P index is 2.1% from the all time high i.e. it's held up by Apple, Microsoft, Berkshire, JnJ - mega-caps.


Wall Street's Greed is Tanking this Market
Only 38% of Nasdaq stocks are above their 200 DMA despite the Nasdaq Composite a mere 2% from its all time high. Two-thirds of the Nasdaq is now in a bear market. 


Unbelievable
Small Cap Stocks as a ratio of large cap stocks



Market Breadth
Failure to rally


New NYSE 52 Week Highs:




U.S. Dollar Index:


Haven't shown this in a while: 
Emerging Market Debt:



IPO Mutual Fund



Aussie: All Ordinaries


The money's gone. Moved to offshore bank accounts via debt-funded "special dividends" and insider stock options. 
Only the illusion remains.
Etraders and Skynet are playing a new game called "No Way Out":

NYSE Volume (200 DMA)


The truth is only visible to those with their eyes open.