We are finding that the US stock dynamics today are almost exact to the dynamics on May 3, 2010, right before the flash crash. The magnitude is not the same. However, this means there is downside risk to come. Our long measures are saying to currently stay in all markets. However, we believe one should hedge their positions until we see dynamics change again.
BFIA measure Sentiment Change from last week
May 2 0.94 0.048 16%
Nov 14 0.94 0.045 13%
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