Is the Selling Madness About Over?

Published by
ValueWalk

The inflation scare amplified by CPI data has died down yesterday a little. Buying returned into the S&P 500, lifting Nasdaq ever so little too. VIX steeply rejected moving higher, and looks ready to decline today, but the put/call ratio doesn‘t share the optimism as obviously the bearish scenarios, powered by the inflation scare forcing a deflationary outcome in an overleveraged financial system is emboldened by the downfall‘s steepness since Monday and ineffective attempts to coutner it on Tuesday. While one swallow doesn‘t make a summer, the technical picture in the hardest hit tech is grad…

Read More