ASYMMETRY® Observations
ASYMMETRY® Observations are Mike Shell’s observations of all things asymmetry, asymmetric risk/reward, asymmetric payoffs, and asymmetric investment returns.
Original thinking on markets, risk, and asymmetric investing — delivered the moment it publishes.
Read the latest.
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Buying Climax Signals a Top in the Stock Market
There was enough buying climaxes in stocks this week to signal a short-term top in the stock market. This week 596 stocks printed a buying climax, which is the most…
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Observations of the Unemployment Trend
The US Unemployment Rate measures the percentage of total employees in the United States that are a part of the labor force, but are without a job. It’s one of…
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The weight of evidence is becoming increasingly bearish for the US stock market
“The trend is your friend, until the end when it bends.” Stock indexes making higher highs and higher lows is a good thing – until it isn’t. I run a…
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What’s driving the stock market?
Q: What’s driving the stock market? Whereas, the black line is the S&P 500 stock index commonly used to represent the US stock market, and the red line is the…
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A lot of talk about the NASDAQ being 21% above its 200 day moving average
There’s a lot of talk about the NASDAQ being 21% above its 200 day moving average, so… here’s my 2 cents on the matter. Yes indeed, the NASDAQ is over…