https://www.marketwatch.com/story/t...ver-per-this-measure-2020-01-08?mod=home-page I like the comment about the pizza delivery boys and salon stylists giving out stock advice.
I’m an infrequent poster. Back from a holiday, another just around the corner. We are currently in the Euphoria phase of this cycle in a very bullish stockmarket. Sentiment is extraordinarily strong with major negative global events being flipped to the side & not impacting on the fear factor index. https://money.cnn.com/data/fear-and-greed/ Low interest rates amongst other variables have caused people to reassess their investments. Expect this melt up to continue but also be guarded of what may be lurking further down the track. Huge profits are being made just by following the charts from volumes of buy orders with other TA indicators. When the cab driver starts dishing out stock tips (as recently happened to me in a foreign country), it’s time to be cautious. However, I thought this YouTube presentation below may be of interest. Meanwhile continue to enjoy the ride.
Sounds good in theory...but my guesstimate is that maybe 20% of all the cats on this site were actually watching that cascade lower in real time (I say this because as I was watching the markets drop 60+ ES pts, there were few to any comments). Plus, you are assuming that all shorts were futures shorts, nevermind the fact that equity/index options (aside from futures options) weren't even trading at the time. If you simply turned off market data outside of RTH, you would never have known there was 2 hour "mini flash crash".