"margin debt on Wall Street at the end of April was 550.6 billion – AN ALL TIME HIGH. We all know how quickly these things can turn, and when they do they have a horrid habit of being very nasty. "
So maybe readying for a big short on DJIA, SP500, or Nasdaq soon?
China had an up day yesterday and is up again today. Haven't found out why yet.
Gold up and Oil down seem to be the possibilities for a megatrend, but I'm not convinced yet. Gold could be up because USD is down, and Oil usually gets a lift in August.
USD/JPY is falling strongly, but not convinced about that either.
India Nifty did nothing after its central bank decision yesterday.
US and DAX still good, but now it's June, and I should have gotten in earlier.
Lots of news internationally tonight: ECB, UK election, Comey testimony. See how things look tomorrow.
