Blog Post: 1,106 new yearly US lows and 12 new highs; put/call ratio EXTREME at 1.26, $GNRC showing strength in stormy seas, see daily chart

GMI0/6
GMI-22/8
T210812%

With a p/c ratio of 1.26 the market will likely bounce.

I am watching GNRC for a short term rally. GNRC, the generator maker,  usually rises when the US is hit with a hurricane and has shown good relative strength the past 2 days. Look at the volume on Friday and Monday as it rose in a declining market.

 

 

 

 

3 thoughts on “Blog Post: 1,106 new yearly US lows and 12 new highs; put/call ratio EXTREME at 1.26, $GNRC showing strength in stormy seas, see daily chart”

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