> This is yet another bear market rally – up volume was thin, not supported > by fundamentals, short interest has increased. Technically market > is overbought, and lower lows lower highs.
Huh? 1. We've had 4 different 90% upside volume days! 2. New bull markets are never supported by current fundamentals. 3. Short interest doesn't mean as much anymore with the inverse ETF's being so popular. 4. This rally does not have lower lows and lower highs.
Wall Street Breakfast: Must-Know News [View article]
Michael Levy need to learn a) the difference between the cash price and the futures price, b) the spelling of the word "gouge", c) the unintended consequences of price controls, i.e. shortages, d) simple logic.
This Rally May Have Legs - Bespoke [View article]
> This is yet another bear market rally – up volume was thin, not supported
> by fundamentals, short interest has increased. Technically market
> is overbought, and lower lows lower highs.
Huh? 1. We've had 4 different 90% upside volume days!
2. New bull markets are never supported by current fundamentals.
3. Short interest doesn't mean as much anymore with the inverse ETF's being so popular.
4. This rally does not have lower lows and lower highs.
Wall Street Breakfast: Must-Know News [View article]