What happened to the bears

July 15, 2020 |

Hernan Avella writes: 

That cluttered this list for weeks with nonsense charts and mumbo, were they banned?, are they solvent?

Interestingly enough, long term bonds are 11 big points higher than they were last time Spu was up here in early June and Jeffersonian stocks 5% lower.  July VX arabesque-ing higher.

NQ has done it's job, perhaps value stocks can take the baton for the next 200 pts.

Ralph Vince writes: 

Yes,and we have not had so much as two consecutive down days (Spx) within this period.

Oddly, the 6 week coefficient of variance (6 week std dev/6 week ma) has not gone to below 

.01, which usually means a large (usually down) move is imminent, despite the tightness of the past 22 days. In other words, it feels as though we've been in a right range for the past 4 1/2 weeks but there's been a lot of movement within this range.


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