Hit the deck! Incoming! Incoming! The low put/calls over the last month forecast big trouble ahead due to the rampant complacency and fearlessness in the stock market. Aunt Agnes took her entire life savings to the broker in town and he placed it all in NVDA stock. Agnes wanted to be diversified so he put half in NVDA and the other half in new IPO CBRS. If the major selling does not start today, it will in the days ahead.
The retail stocks, banksters, utilities and volatility will tell you the story. Bears need VIX above 20 to create real selling damage. UTIL, or DJU, losing 1109 would spell major trouble for stocks going forward. Bears need weaker banks to create negativity. 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.
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