As I sit here at 3 am staring at the epic stock market data tonight, I am tempted to share my analysis of yesterdays data in the hope that we will all make more profitable trades over the next several days. For instance, there were more than 1000 new 52 week lows yesterday. I could only find two other days in history that had that many new 52 week lows-once, in the 1987 crash and in August, 1998. I also see that the VIX hit another 4 year high (37.5). In addition, the NYSE had its highest volume day of all time yesterday. I could go on and on with superlatives to describe this mark[...]
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[Source: The Money Blogs]
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