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Overconfidence is the new black

Kategori: Allmänt

The number of stocks above their 50 day moving average. (When above 80 percent this tends to indicate peak confidence as measured by major bond funds relative to stock funds.)

VIX volatility is also at an extreme, indicating potential increase in risk

Gold (GLD) and Apple (AAPL:NASDAQ) - normally two star performers continue to perform poorly

-Saxo Bank

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