We’re in a new regime: higher volatility, lower liquidity, global deleveraging. Risk assets face bigger price swings and downward pressure…. $6.4 trillion erased from global markets in the past 3 weeks.

The “pain trade” is back… That means for traders it's a good time to consider smaller position sizing, wider stops and much more discerning execution. – Smaller size to reduce total exposure – Wider stops to account for illiquid, volatile …

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The S&P 500’s price to peak earnings ratio has soared to 25.9, the highest since 2000…. Nasdaq: Large Engulfing candle, followed by a falling window.

The S&P 500's price to peak earnings ratio has moved up to 25.9, its highest level since 2000 and 50% above the historical median. $SPXhttps://t.co/l5IYmkf6Ih pic.twitter.com/DFI74St163 — Charlie Bilello (@charliebilello) July 17, 2024 Nasdaq Large Engulfing candle, followed by a …

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