SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-6216

  1. 1,409 Posts.
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    Here's a nice chart pack of random things I found interesting from this week if anyones interested...

    Negative divergence on the monthly chart
    https://hotcopper.com.au/data/attachments/2233/2233793-ab038353fe92c42f3c7755c362f18942.jpg

    56% of the S&P500 is signalling to sell...
    https://hotcopper.com.au/data/attachments/2233/2233797-bf00e5c82412a82b2b77da4e525f7988.jpg

    Bankruptcies are booming, even with all stimulus and "main street lending" programs..

    https://hotcopper.com.au/data/attachments/2233/2233799-ed4bed5cab915b24d4ad68c4feb7d588.jpg
    https://hotcopper.com.au/data/attachments/2233/2233801-0c98406bb2d94f1dc191357dbc753fea.jpg
    https://hotcopper.com.au/data/attachments/2233/2233804-f4e8f8dba1f0c7d05c98faa11509d126.jpg
    https://hotcopper.com.au/data/attachments/2233/2233807-b7cd890602d341107434400d36e06d54.jpg
    https://hotcopper.com.au/data/attachments/2233/2233810-53d38260cf0ff1aeeb5f1aa5a054d5cb.jpg
    https://hotcopper.com.au/data/attachments/2233/2233813-5d53681cbff5276664c265d709d5c131.jpg

    And I saved this one till last, this is the FED's own data showing that economic activity is falling again ...

    https://hotcopper.com.au/data/attachments/2233/2233816-8c180713fc376e7d18e99911a08a4ce9.jpg


    Looking at all of this data puts into perspective that even when there are better than expected numbers that are coming back, the economy is not even close to recovering yet, and it will be hard for the markets to keep ignoring these facts over the coming months

 
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