-Correlation among S&P 500 sectors

    Posted by ssaffer on 16th of Mar 2020 at 03:21 pm
    • -Correlation among S&P 500 sectors is nearing the highest since 1950
    • -Put/call ratios are soaring
    • -Money market funds have seen a 10-year high flow over the past 2 weeks
    • -The McClellan Summation Index is getting very negative
    • -A BlackRock risk gauge is showing that stocks are heavily undervalued
    • -Asset managers are aggressively selling
    • -Looking at the past week's crash across overseas indexes and commodities and bonds
    • -Record oversold readings within sectors and overseas indexes
    • -Smart Money vs Dumb Money Spread is nearly at a record

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