Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man's Pater Tenebrarum),
Black-and-Blue Crash Alert Flag
Let us begin the week “on message.” The Diary is about money. Today, we’ll stick to the subject. Old friend Mark Hulbert has done some research on the likelihood of a crash in the stock market.
Ye olde tattered Crash Alert flag… should it be unfurled again?
From The Great Recession Blog
by David Haggith
This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new life several times, but each time the market falls into a pit again.
Today's ultra-low volume, ultra-low-range equity market can be summed up thusly...
Before we get started, just two quick charts to shut the mouths of all those proclaiming this is a hated rally and that sentiment is shitty... it's not!
With the stock markets vertical drops and pops this week, the following just seemed appropriate...
From uber-doves to ultra-hawks in 3 weeks (and a few hundred Dow points), today's FedSpeak did not rescue stocks as everyone assumed it did as Dudley's Dud dropped risk...
"Sell In May" is working once again...