Visitors Now:
Total Visits:
Total Stories:
Profile image
By stompk (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Uh Oh! Rare S&P Trends Signals Imminent Crash. Two Inside Weeks In A Row! Hasn’t Happened Since 2008 Crash

Tuesday, October 11, 2016 5:17
% of readers think this story is Fact. Add your two cents.

(Before It's News)

An inside week is a week where the range of trading from high to low is inside the previous weeks trading, essentially signalling that investors are fleeing the stock market. It’s almost the same as a run on the banks.


One week is rare, two weeks in a row hasn’t happened since right before the 2008 meltdown..get ready!

Here’s Matt Malley, an expert in equities, which is the S&P market, really sounds the warning.

The S&P 500 just experienced two “inside weeks” in a row for the first time since February 2008, an indication that the market may be in for a major breakdown or breakout in the weeks ahead.

Inside weeks happening several weeks in a row is almost unheard of,” Miller Tabak equity strategist Matt Maley commented Monday on CNBC’s “Trading Nation,” calling it a sign that investors “don’t know what’s going to happen next — they don’t know what to do with their money.”

Looking forward, Maley points out that inside weeks “tend to show that the existing trend is weakening.” And since the trend has taken the market higher, “this could be a sign of a top that is coming in the not-too-distant future.”

With stocks trading in a relatively tight range, “I think it would be a good time to take a few chips off the table and look for a better place to put money to work than here. Because, boy, when you get that kind of sideways move, especially when you get inside weeks — once that’s broken out, it leads to a very big move.–and-it-could-be-a-bad-sign-for-stocks.html

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.