On my local la news the first story up was about stocks. This is usually a good indicator of a st bottom. I would like to see pc ratios up more but the long pole down in Nasdaq probably deserves at least a flag
Agreed. Both calls and puts are quite high now. A lot of fear out there (high put volume), but also a lot of traders trying to catch the bottom (high call volume)!
On my local la news the first story up was about stocks. This is usually a good indicator of a st bottom. I would like to see pc ratios up more but the long pole down in Nasdaq probably deserves at least a flag
Agreed. Both calls and puts are quite high now. A lot of fear out there (high put volume), but also a lot of traders trying to catch the bottom (high call volume)!
As Walter Deemer famously says “when the time comes to buy, you won’t want to”
Well said. Also "The stock market is the only market where things go on sale, and everyone runs out of the store."