Blog Post: Day 38 of $QQQ short term up-trend; Banks and NYSE stocks are cratering and GLD keeps rising; something bad may be about to happen, reminds me of 2008, see charts.

I was doing my normal nightly charting when I noticed big volume declines in bank stocks. KRE is just one banking ETF that is typical of many others.  Look at the huge volume today. Individual banks are falling after reporting great earnings. It is also strange that T2108 is in  a BWR down-trend. T2108 reflects the percentage of NYSE stocks that closed above their 40 day simple moving averages.  And GLD keeps rising. Something is wrong. This market reminds me of 2008. I need to protect myself. I am a chicken (vegan).

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