Market is up on extremely low volume. NYSE volume about 40% below the six month average, Nasdaq trading volume about 30% below the six month average.

Nothing at all is currently moving this market. It has all the appearances of a crash setting up. No recommendations have changed here. We remain short the market via index ETF’s.

One Response to “Market Update - 11:40 am”
  1. Noel Thomas says:

    Morning, Chuck…

    What etf are you short the Market and what level
    did RT buy at?

    Thanks,

    Noel

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