The chart above shows the CBOE Equity Put Call Ratio (CPCS) .
Last week the put-call ratio broke its all-time record high, surpassing the levels seen during the Global Financial Crisis and the March 2020 market crash by almost twice as much. In this post, I will explain my thoughts about what's going on. I welcome others to also give their thoughts in the...
Bears gotta keep their mouths shut. Wayyyyy too many people trying to short right now. Typically these spikes are only seen after a decent downturn (long than 2 days lol), but that just shows how excited everyone is to short. Spikes like this almost always lead to reversals whether it makes sense or not. I would keep a buy the dip mentality until seasonality...