The Tug-of-War Continues
It's been another day, and another sideways session for the S&P 500. The only difference is that I have been discussing this situation for a week now, while everyone else has talked "melt-up." Now everyone is talking about the go-nowhere market, so we know it's about to have a move!
There were a few things that did change Wednesday. As far as statistics are concerned, the put-call ratio chimed in at 75%. This is the lowest reading since April 25. As a reminder, that was days before the market high....441 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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