Thump Day?

Click charts to ENLARGE.

Nouriel Roubini has had a hot hand. How we use his negativity is up to us.

Oversold by stochastics? Not so much.
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State of the SP500 individually?

• 90 percent of the stocks exceed the ten day moving average.
• Only 3 stocks (DOW, EQR, and BBT) are oversold by 14 day stochastics. This is the LOWEST I have seen. No worries, eh?

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Of course, it's been incessant dip buying lately. When do they tire of this?

It may be years before the Weimar Republic Hyperinflation Screen really gets going. But with central bankers more jacked than pro athletes on steroids and greenies (amphetamines), and legislators shoveling dollars into the fiscal engine, hyperinflation will come. We'll be able to take that to the bank eventually.
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Of course, Gold on the daily chart has gone into something of a consolidation recently and turned negative short-term by MACD. A gold retreat couldn't be better for the longer-term player.
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Good trading and great risk management to all.

Educational use only. Never intended as investment advice.