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MAY 09, 2014 - Zero Hedge

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Warning: Weak Stock Market Closes Are On the Rise

For weeks, months, and even years now, 330RAMP CAPITAL (the ironic phrase used to indicate the oh-so-visible hand of 'someone' that decides te last 30 minutes of the US trading day is the perfect liquidity time to slam VIX lower and panic-buy stocks). However, as Gavekal notes, recently we have seen an increasing number of weak-ish stock market closes.   Via Gavekal, We've taken note of an increasing number of weak-ish stock market closes and decided to build an indicator to measure the number of weak closes and compare it to stock prices. The indicator counts the number of ... Read More

Tags: Warning: Weak Stock Market Closes Are On the Rise,  Stock Market Latest News