Back then, who thought tech and growth would be hot, and who thought the dollar could rally?
There's something unusual about these breadth readings.
Let's check the chatter, the put/call ratio, Investors Intelligence survey, the charts of the S&P 500 and VIX and more to see what's likely to develop.
These calls cost about $5.00 were $10 in the money about 10 days ago.
Folks sold industrials, financials, transports and even retailers on Thursday to buy their beloved tech stocks -- here's what means for the indicators.
Growth shined but banks and transports were red and volume was pathetic. But when will we get overbought again? Let's check under the hood.
I think the Volatility Index will move up and here's how I'd play it.
And it's direction is down. Here's how to make the most of it.
The S&P is where it was in mid-April, but Tuesday's decline spurred folks into shifting views and says a lot about sentiment.
Boring big-caps are where it's at, and SPACs, electric vehicles and the like are not. Let's see what's going on.