There has been a striking correlation over the past two recessions. And with this ratio at an all-time high, another peak is imminent, signaling a recession is near.
Breadth usually turns down before a bear market. But there’s no sign of weakness in breadth for now. That means stock market averages should reach new highs soon.
Don’t believe it? Then I challenge you to refute it!
Video game streaming has blown up over the past five years, with Twitch culminating in 355 billion minutes viewed in total in 2017.
A chart of the S&P 500 Index shows two very important price levels. Hedge fund traders buy or sell contracts when prices touch the ratios.
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