iBankCoin
Wake up. Break the cycle. Teach your children.
Joined Oct 24, 2016
1,140 Blog Posts

S&P 500 IS LOW ENERGY, Though Lots Of Red Under The Surface On An Otherwise Boring Day

As you can see, there’s not a lot of love going on in the S&P 500 today outside of select tech, utilities, and a handful of standouts across the board.

spyheatmap

The view from within Exodus reinforces this milquetoast trading, with just 29.8% of large caps bullish. After scanning though some of my favorite names, I’m inspired to go make a Turkey, Stuffing, Cranberry, Gravy, and Mustard sandwich on a Hawaiian roll – so that I may sleep the rest of my day away.

exo

That said, traders inside the Pelican Room are tossing ideas back and forth, per usual.

The Dollar, Bonds, and volatility are all screaming BORING (for now…)

boring boringus vxxboring

Hang onto your hat, or use your chin-strap, for it may fall from your head while you nod off.

 

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