THE $1.5 TRILLION PROBLEM IS MAKING THE U.S. STOCK MARKET JITTERY $SPY $NQ_F $NVDA $AAPL $GOOG $QQQ $IWM $DIA
The stock market is becoming jittery.
The reason is the so-called $1.5 trillion problem. The “smart money” (professional investors) has known about the problem and has acted accordingly, but the momo (momentum) crowd has been oblivious. Before delving into this problem, let us start with two charts.
The charts
Please click here for the weekly chart of S&P 500 ETF SPY.
Please click here for the very short-term chart of Nasdaq 100 futures NQZ7.
Please note the following:
• The long-term trend, as shown by the trend line, is intact but extended. Extended trends are vulnerable and pose more risk.
• There is no significant change in volume at this time.… Please click here or the title below to read more.
November 13, 2017