print-icon
print-icon

-30% Is the New Normal

This article is so good
it's for premium members only.

Does that sound like you?

Already a member? Sign in.

PREMIUM

ONLY $30/MONTH

BILLED ANNUALLY OR $35 MONTHLY

All BASIC features, plus:

  • Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
  • Access to our Private X Account, The Market Ear analysis, and Newsquawk
  • Ad-Free Experience: Enjoy an uninterrupted browsing experience.
SELECT

PROFESSIONAL

ONLY $125/MONTH

BILLED ANNUALLY OR $150 MONTHLY

All PREMIUM features, plus:

  • Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
SELECT

It's messy

The average stock is off 30% from highs. The markets are generally oversold and the all-important CTA community has de-risked, but certain aspects of sentiment in general, and gross leverage among hedge funds in particular, make the overall tactical backdrop messy and absolutely not a clear-cut signal. Let´s examine the latest technicals.

30% off highs is the new normal

Want more of the news you won't get anywhere else?

Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.