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I had to add all the !!!!! because as in the mainstream media, this little outpost wants to get your attention and get you all riled up. Here’s the headline (from Bloomberg, which I actually like a lot more than the average financial media backwash).
One of my favorite indicators for identifying potential corrections in the stock market has just triggered the 4th extreme reading of below 0.60 on the Put-to-Call Ratio in what I refer to as a cluster of readings (a series of sub 0.60 readings that occur in relative close proximity without a substantial correction while the stock market is moving higher with each successive reading).