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The number of listed stocks is a good gauge of the health of the economy. It fell until about 1980 and then began ran uptrend into the late 1990s. Its been falling ever since. Makes sense to me because I view this as a "stimulated economy" driven by stimulus not true growth. If the government ended QE and paid honest interest rates, the economy would fall into a hard recession. So we are not in an economic boom at this time and haven't been for 14 years.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
it's actually 100% mm. a little more pullback here then bears still have tiny hopes but bulls may have another push up.
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Is anyone else seeing this clean break on the DOW at 16500 for a nice inverted HS target 7% higher. That is of course assuming we can stay above 16500 which seems likely at this point. In UDOW at 111.50, stop on a close below 16500
Last edited by CMT on Tue Apr 01, 2014 1:57 pm, edited 1 time in total.
The number of listed stocks is a good gauge of the health of the economy. It fell until about 1980 and then began ran uptrend into the late 1990s. Its been falling ever since. Makes sense to me because I view this as a "stimulated economy" driven by stimulus not true growth. If the government ended QE and paid honest interest rates, the economy would fall into a hard recession. So we are not in an economic boom at this time and haven't been for 14 years.
where is the data from 2010 onwards? That chart doesn't tell a complete story. It looks like it stops right around the 2009 lows and would make sense to see a diminishing # of listed stocks. Where do we stand today ~ 5 years later?
vol surge, hopefully a pullback here first which likely would be bought.
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