Exuberant breadth and magnificent selling

Don't fear shitty breadth

You should fear "exuberant" breadth. The percentage of SPX stocks trading above their 50 day moving average has exploded to the upside.

Source: Tradingview

Magnificent selling

Source: GS

Down, but far from out

Source: GS

Small is beautiful

Source: Refinitiv

More of the same

Source: Refinitiv

Maybe oil isn't that irrational?

Source: Refinitiv

Oil and rates

Source: Refinitiv

Stretched

Source: HSBC

Fed decides

Source: MS

Killing me softly

Source: Refinitiv