Charts presented with all the comment you need to know that when things eventually go bad, they will eventually go really bad very quickly. Also note this link from last week that illustrates that the daily composite trading volume of the NYSE is at a decade low and that today’s USD trading volume is less than 50% of its 2004-2007 average. If you check the 5-minute charts of many individual US banking stocks, you will discover that the “pump” usually occurs right at the start of trading or literally in the last ten minutes of trading. So who’s trading this market and keeps “pumping” it to infinite distortion? Certainly not humans.
About the author: JS Kim is the Chief Investment Strategist of maalamalama, a fiercely independent investment & research consulting firm that seeks to protect our clients against the massive immoral fraud of Wall Street. Please refer to our “Legal Notice, Terms of Use & Disclaimer” for terms of republishing this article. Violators of republishing this article on their site will be asked immediately to remove this article from their site.”
