ZH - Nomura Axes Head Of Risk After Revealing More Losses Tied To Archegos Implosion
Nomura also suspended some senior executives, following in the footsteps of $CS
- more cockroaches in the kitchen? 🤣👌
Nomura also suspended some senior executives, following in the footsteps of $CS
- more cockroaches in the kitchen? 🤣👌
https://twitter.com/kerberos007/status/1387016964988706820
There are 4 different SMA related "breadth" indicators:
index % stocks
1 above 20d SMA
2 above 50d SMA
3 above 100s SMA
4 above 200d SMA
if the index itself (say, S&P-1500) is trading above 20d-SMA, it doesn't make sense to look into % stocks above 100d SMA or 200d SMA.
index % stocks
1 above 20d SMA
2 above 50d SMA
3 above 100s SMA
4 above 200d SMA
if the index itself (say, S&P-1500) is trading above 20d-SMA, it doesn't make sense to look into % stocks above 100d SMA or 200d SMA.
The 200d SMA is far below the current price, there should be tons of index stocks trading above 200-d SMA,
you want to take a look at the % stocks above 20d SMA or 50d SMA for divergences between the index price and % stocks trading above the same SMA.
you want to take a look at the % stocks above 20d SMA or 50d SMA for divergences between the index price and % stocks trading above the same SMA.
if the index is trading >20d SMA, but there are only 40% of index stocks trading >20d SMA or 60% of stocks trading >50d SMA, there is a divergence
if the index is trading between 50d & 100d SMA, then one should look into % of stocks trading >100d and 200d SMA for divergences.
if the index is trading between 50d & 100d SMA, then one should look into % of stocks trading >100d and 200d SMA for divergences.
if the index is trading <200d SMA, it does not make sense to look into % stocks trading >20-d SMA, just noise
one should look into % stocks trading >200d SMA for positive divergence; if % stocks above 200d SMA picking up BIGLY on a down day, then BTFD due to positive divergence.
one should look into % stocks trading >200d SMA for positive divergence; if % stocks above 200d SMA picking up BIGLY on a down day, then BTFD due to positive divergence.
example:
Today
% Russell 3000 stocks above 200-day SMA
Russell 3000 index is trading above 10-day SMA, it does not make sense to look into % stock above 200-day SMA; tons of stocks would be trading above 200-day SMA, it would take a sizable correction to take this number down.
Today
% Russell 3000 stocks above 200-day SMA
Russell 3000 index is trading above 10-day SMA, it does not make sense to look into % stock above 200-day SMA; tons of stocks would be trading above 200-day SMA, it would take a sizable correction to take this number down.
Today
% Russell 3000 stocks >20-day SMA
below breadth would make some sense for divergence:
it dipped below 30% last week when small-cap lagging other indices; it picked BIGLY the last few days due to small-cap short-squeeze, you wouldn't find this info in the previous chart.
% Russell 3000 stocks >20-day SMA
below breadth would make some sense for divergence:
it dipped below 30% last week when small-cap lagging other indices; it picked BIGLY the last few days due to small-cap short-squeeze, you wouldn't find this info in the previous chart.
Mr. Superman burr4ever Powell's 4 mandates
1. Hyper-Inflation=transitory😉
and
2 The Fed Total Asset=forever to infinity🍻
3 SPX price=to da Moon🤣
4 Stock Valuation=to da Mars with TSLA/Elon👌
mission accomplished
see Powell's mandates in two charts🧐
worth a million words🤣
1. Hyper-Inflation=transitory😉
and
2 The Fed Total Asset=forever to infinity🍻
3 SPX price=to da Moon🤣
4 Stock Valuation=to da Mars with TSLA/Elon👌
mission accomplished
see Powell's mandates in two charts🧐
worth a million words🤣
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