Tommy Thornton:”SPX 52 week highs only 4% today vs 33% in January. Other divergences like this led to periods of weakness,”

$SPX 52 week highs only 4% today vs 33% in January. Other divergences like this led to periods of weakness.

twitter.com/TommyThornton/status/1026154017314037760

Chart (@TheTerminal): Emerging/developed markets volatility divergence –

twitter.com/SoberLook/status/1026287789288112129

Don’t count on strong future #StockMarket returns when buying at high P/E levels. The $SPX 5-yr normalized #PEratio now in 10th decile. This has typically supplied a 3-yr median TR of +1.3% and 10-yr median TR of +2.9%. $SPY $SDS $SH $IVV $VOO $DJIA $DIA $IYY

twitter.com/LeutholdGroup/status/1024345446351818752