Another thing I like to look at to keep score on the amount of risktaking and speculation is the Russell 2000 vs. the S&P 500.
As you can see today, it is no contest. The small caps are massively outperforming, continuing a trend since February of small cap outperformance.
Wednesday, April 14, 2010
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4 comments:
did you look at todays equity put/call ratio?
We went up so high, we may gap down tomorrow.
Yes, I saw the equity put call ratio. They might have just offered call trading in the options pitsm because there was almost no puts trading.
And that's precisely what happened, we gapped down. -Petsamo
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