Speculative options trading reached the equivalent of 12% of NYSE volume last week.
Like some combustible combo of musical chairs, Russian roulette, and five finger fillet.
How many traders can dance upon the head of a pin? pic.twitter.com/nsCeyKH093
— SentimenTrader (@sentimentrader) August 29, 2020
The S&P 500 set a 52-week high for a week straight.
Every one of the sessions had a negative McClellan Oscillator.
This has never happened before, using S&P stock data to 1998 or all NYSE securities back to 1962. pic.twitter.com/b5lpEl6XVt
— SentimenTrader (@sentimentrader) August 28, 2020
AAPL just 2% away from surpassing the entire Russell 2000. This is absolute insanity pic.twitter.com/mblZO5TAZv
— zerohedge (@zerohedge) August 28, 2020
Good luck Powell pic.twitter.com/OGeCeg3ZDh
— AndreasStenoLarsen (@AndreasSteno) August 28, 2020
You just came back from Mars:
The just Fed printed $2.8T in 6 months.
Reduced rates to 0%.
Deficits shot up to WW2 levels.
— Otavio (Tavi) Costa (@TaviCosta) August 29, 2020