Saturday, May 31, 2014

3 WTF Charts

Bad breadth, flaccid flow, and bonds bid - what could possibly go wrong?

The negative divergences are mounting...
Breadth is not at all supportive...

h/t Brad Wishak of NewEdge

"Smart money" Flow is decidely the wrong way...


And bonds are well bid...


BTFWTF - it could only be a non-economic indiscriminate buyer of last resort... the desperate to shrink their float and flatter EPS - corporate buybacks.

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