Irwin Kim retweeted
My "gut" keeps worrying about a market downdraft. My weight-of-the-evidence indicators (for example, % of SPY stocks above 50dma crosses above 30% while the ETF close > 50-day average) keep giving favorable signals. What's a disciplined investor to do? @sentimentrader
Irwin Kim retweeted
This doesn’t happen unless there is noise coming from the repo desks.
There’s a major financial institution at the threshold of not being able to fund itself in The Street.
First check for NY Fed is to identify which other institution(s) have material counterparty exposure.
Not good.
