WALL STREET WAKES UP AND BLAMES MARKET MECHANICS FOR THE STOCK MARKET SELL OFF
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Market Mechanics
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows when The Arora Report gave a signal to raise hedges.
- The chart shows that so far in August, aggressive buying by the momo crowd is failing to run up the stock market.
- Wall Street is finally waking up and blaming market mechanics for the sell off. 0DTE options are being singled out for the sell offs that occur late in the day.
August 17, 2023