Why I Can’t Wait to Short the S&P 500 (Again)

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Why I Can’t Wait to Short the S&P 500 (Again)

Last week, we picked up a story courtesy of Bespoke Investments that showed just 4% of S&P 500 stocks were above their 50-day moving average – a level not even seen during the March 2009 lows! So we thought a stock market bounce might be on tap – and sure enough, this week we got […]

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Wide Breadth of Stock Market Decline Leaves Only 4% of S&P Above 50-Day SMA

The recent stock market decline has not only been sharp – shedding the year’s worth of gains in a matter of weeks – but it’s also had some very impressive breadth. Bespoke Investment reports that just 4% of S&P 500 stocks current sit above their 50-day moving average.  So, everything is getting clobbered! The percentage […]

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