This is the Put/Call Ratio 14 day RSI. - A highly reliable indicator of 93.8% accuracy. Dump ALL risk assets - including the highly correlated Precious Metals!! - here!
The raw PCCE
Here is the VIX
... and the FAANGs
... and the AUDUSD
... and the USD (DXY)
... and Gold
Just how many more clues does one really need??... For real.
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** Just in case the title of this post seems ambiguous, it means: Dump all Risk Assets!!... - Not the PCCE, which would be a massive "Long".
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Here is an other clue - as if one needed any more...
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... and here is a current quote - Nov 04, 2020 - from one of my country man, the former Administrator of the University Hospital of Geneva; "Are you serious?! There is no working fu@!ng vaccine! We are the most developed society on earth and there are people dying on our streets, as we speak! We have more doctors and nurses per household than any other country in the world. We have the most advanced pharmaceutical industry on this planet. If I tell you that the fu@!ng Americans are lying or are just stupid, or likely both, as usual, then believe you me!"
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Here is the FAANGs Daily The above scenario is still possible but less likely. Will see very shortly which way this breaks. Be careful and watch it for now.
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... and here is Long APPL / Long GOLD / Short UD... ... which is currently Warren Buffett's biggest bet. I'll take the other side of that!
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BTW, Apple Inc. could ONLY GROW in line with US GDP, at it's maximum, all out, no matter what! - Which is currently 0 (zero), at best. So, don't drink the Coolaid!
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Also, (I have failed to mark it on the above chart - APPL / GOLD /UD) the above "Buffett trade" has less than a 17% chance to go past that 2nd (higher) Stop Hunt, which is what he is probably looking for. I.e. a 1:1 R/R trade. Great as all that sounds at the moment, he is plain wrong I say! It happens :-)