Listen "ENT 182: The Cash King May Finally Be Dead - However The Markets Show More Signs of Life"
Episode Synopsis
Short Interest as a % of Market CapThe short interest as a percentage of cap of the S&P 500 is low and sinking, which makes sense given the huge rally. Still, the steady decline in short interest speaks to the developing sentiment imbalance developing.Apple up 120% since March lows. A surprisingly high 1.1M people filed for unemployment last week. The week before, jobless claims dropped to below 1M. Stocks ticked up despite the bummer. The value of the dollar has fallen to its lowest level in over two years, and it might keep sliding. Fed money printer: The Fed has been blasting out dollars to inject back into the economy. More dollars = less demand for dollars = less valuable dollars. Instability: An out-of-control pandemic, shrinking GDP, and political instability have affected confidence in the dollar. Oh, and the national debt is at a massive $27T. 8/25 July New Home Sales (10 AM ET) 8/25 August Consumer Confidence (10 AM ET) 8/27 Initial Unemployment claims (8:30 AM ET)Support the show
More episodes of the podcast Becoming Entrefied
ENT 199: When To Take Profits
13/10/2020
ENT 197: Back to the Basics
16/09/2020
ENT 195: Successful Habits
11/09/2020