Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 2/20/13

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:

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  1. March 3, 2013 at 10:38 am

    I agree with all of these articles… I think we’re so close to being at a breaking point. Sequestration should be the final nail in the coffin – that or an announce end date for QE3.

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