Stocks continue to hover slightly in negative terrritory. Its interesting that they haven’t sold off more, given that oil has reversed higher after touching 126 this morning. It is now trading near $131.The financials remain very weak today, down roughly -3%. The 10-year yield is higher still at 4.01%.In terms of investor sentiment indicators, the VIX is +1% higher near 19.80; the CBOE put/call is around average at 0.85, and the ISE call/put is at 123; the ARMS Index is around 0.97.The number of bulls in the Investor’s Intellige[...]
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[Source: The Money Blogs]
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