Daily Reading on the Financial Markets: 2/20/13
We may finally be seeing a breakdown after massively overbought indications for the last month or two. Chris Kimble notes home builders among the most potentially vulnerable to a breakdown.
EconMatters sees the overwhelming Fed activity and calls the stock market what I (and many others) believe it to be: a giant ponzi scheme.
Zero Hedge notes that declining implied volatility has closely correlated with market sell-offs, and believes we may be on that precipice again: