Priceless
We remain short of SpaceX ($SPCX):
Position: Short SPCX (VS)
Still Overbought
The S&P Short Range Oscillator remains in overbought (as it’s been for weeks) at 2.16% vs. 3.18%.
Position: None
The Slippery Slope of Volatility
Position: None
Put/Call Skew: Lowest On Record
Position: None
Skipping the Light Fandango
Thanks for reading my Diary today.
Enjoy the evening.
Be safe.
And a little (divine) exit music:
Position: None
Poor Breadth, Fading Rotation Reveal Messy Market
The indexes held up reasonably well, but the action under the stock market surface is more concerning.
Wednesday’s After-Hours Advancers and Decliners
After-Hours % Advancers
After-Hours % Decliners
Position: None
Wednesday’s Closing Market Stats
Closing Volume
– NYSE volume 13% below its one-month average
– NASDAQ volume 30% below its one-month average;
– VIX index: up 4.09% to 16.79
Breadth
S&P 500 Sectors
% Movers
Nasdaq 100 Heat Map
Closing S&P 500 Heat Map
Position: None
Subscriber Comment of the Day
Randy
Position: None
Da Financials
Position: None