Thursday, May 12, 2022

CPC and CPCE Put/Call Ratios and SPX S&P 500 Daily Charts; Rampant Panic and Fear





Traders and investors are in panic and fear as verified by the put/call ratios; CPC above 1.16-1.20 and CPCE above 0.80. People are running around with their hair on fire screaming bloody murder as they sell, sell, sell, convinced that stocks will never go up again. Do you have the guts to run into the burning building while everyone else is running away? This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Friday Morning, 5/13/22: Yesterday's LOD was 3858.87 not seen in a year. Did you take advantage of the panic and fear and go long or did you continue hiding under the bed telling the broker to sell, sell, sell?

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.