Firms In distress                            

Just a little macro color from a recent Fed paper.  Both the level and  rate of change are concerning.

Looks like you get some really nice moves when both the bpspx and macd agree.

Correct. And to take both into account, you really need to look at the y/y change of a log scale graph. In which case we HAVE been there before.

You could even date the divergence back to mid-April.  FWIW, my HY model generated a buy signal, but I'm monitoring it rather than taking it - it has a history of getting whipsawed when vol compresses as it has these past few weeks.

Combo 13 too according to Tommy Thornton

Excellent thoughts. I would add that if you find yourself getting {angry/upset/frustrated/whatever} it's a good indicator that your position sizing may be too large.  Consider "selling down to your sleeping point" as JP Morgan said and let the systems work over time.

In notional terms, yesterday's short covering was the largest since Nov '15 (exceeding even Jan '21 during the meme frenzy) and ranks in the 99.8th percentile vs. the past 10 years. US and European equities made up ~61% and 38% of the notional short covering, respectively.

• "GS Prime Broker desk saw the highest level of covering in years yesterday."

From a buddy who knows.

I find these charts very helpful Matt, thank you for making them available.  

Is there any chance you could include the DeMark 9 and 13 buys as well? Not that I'm particularly bullish right now, but eventually it might happen. :)

You may not be able to keep IB from logging you out automatically, but you can have it log you in automatically.  Maybe that would work for you.

https://ibkrguides.com/tws/usersguidebook/configuretws/auto_restart_info.htm

For what it's worth, TWS sometimes goes 3 or 4 days for me before logging me out.

TLDR: CBOE p/c is skewed. Looking at all p/c on all exhanges shows a much less extreme #

If you want to send me a csv file or 2, I'd be happy to play around with them (setting up the formatting once) and see if I can't make your life a little easier.  I'm very pleased with your signals since I started subscribing and would be equally happy to try to help out in a small way.

Hey Matt - I'm pretty sure I can show you how to get all the system stats on 1 tab (or just do it for you.) It's been ages (decades) since I've used tradestation. Do you have the ability to export the systems stats as a text or csv file? My approach won't work with pictures.  

Jim