S&P 500 Most Overbought Since 1983

(“S&P 500 More Than 20% Above Its 200-DMA; First Time Since 5/83”, BeSpoke Investment Group, September 16)

(“S&P 500 More Than 20% Above Its 200-DMA; First Time Since 5/83”, BeSpoke Investment Group, September 16)
One of the tech bubble’s biggest cheerleaders was back on CNBC today being interviewed. This strikes me as a sentiment tell and potential sell signal……
I was just looking at Schwab’s 3rd quarter report and one of things that struck me is how much trading volume on the New York Stock Exchange and the Nasdaq dropped off from August to September. Volume was down 27%…
Two Thursdays ago, Goldman Sachs came out with their 2011 US Equity Forecast titled “Easy Money, Hard Market”. But they aren’t forecasting too hard of a market given that they are targetting 1450 on the S&P by year end. CNBC…
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Our business is even more relevant to our customers today, given the current economic pressures. – Lee Scott, CEO Walmart This is the Walmart Economy! I’ve been talking about this for a bit now (see, for example, “Dan Gross: Tough…
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