Just Who’s Buying This Stock Market Rally?
How do I know Wall Street will let the market Crash?
the stock market has kicked off a $2.7 trillion rally since the March lows...
...the last few weeks have seen a number of large sales (transactions involving large blocks of stock).
We also saw the LARGEST options spread ever to hit the International Securities Exchange when someone sold 720,000 contracts on the S&P 500 ETF. In a nutshell, someone made a record bet than the S&P 500 would collapse sometime between August and December.
Indeed, there are 256,000 open “Put” contracts betting the S&P 500 ETF (SPY) hits December below 820. There are another 140,000 contracts betting on 800, 116,000 contracts for 750, and 104,000 contracts for 600.
Bottomline: some folks are betting BIG on the stock market collapsing before December… guess who that might be?
http://www.marketoracle.co.uk/index....icle&sid=12704
How do I know Wall Street will let the market Crash?
the stock market has kicked off a $2.7 trillion rally since the March lows...
...the last few weeks have seen a number of large sales (transactions involving large blocks of stock).
We also saw the LARGEST options spread ever to hit the International Securities Exchange when someone sold 720,000 contracts on the S&P 500 ETF. In a nutshell, someone made a record bet than the S&P 500 would collapse sometime between August and December.
Indeed, there are 256,000 open “Put” contracts betting the S&P 500 ETF (SPY) hits December below 820. There are another 140,000 contracts betting on 800, 116,000 contracts for 750, and 104,000 contracts for 600.
Bottomline: some folks are betting BIG on the stock market collapsing before December… guess who that might be?
http://www.marketoracle.co.uk/index....icle&sid=12704
I donno how u guys says bulls are heavy buying buying my charts are not even moving from last 12 hours....