Oct 17, 2026 · 1 hr 36 min · 12 segments
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I mean, you know, the technical data was showing, you know, you were showing your charts, you know, for the last three or four weeks in the Edge report, you know, I've been talking about the micro data, you know, and just to recap it, you know, one of the things, the chart that people can look at is the MMFI.
I love that.
Yeah, and that tells us how many stocks on the New York Stock Exchange only, not the NASDAQ, of how many are above their 50-day moving average.
And as of yesterday, only 26% of all the stocks in the New York Stock Exchange are above their 50-day average.
So you take that, man, that's not looking like, That's not a rocket ship getting ready to happen, right? It's the market's kind of pricing in earnings.
Some of these, you know, neoclouds sold off, some of the AI, some of the semiconductors sold off because I think people are wanting to start seeing some revenue and not just to spend.
So even with higher revenue, how much higher is the revenue growing and what's it going to cost to generate that revenue? You know, that generates a lot of uncertainty, a lot of worries.
And then, you know, throw... almost a hundred dollar barrel crude oil and throw in a couple other things.
And it's just like, wow, you know, things are really heating up and not in a good direction.
No.
And then if you take, like, if you look at the put to call ratio, Friday was like 90, 99, which what that's saying is, is that for every hundred calls that are out there, that's 99 puts.
So we're getting at the point where stuff suggested the, you know, the week, the weekly average is, Five-day average was 0.61, so for every 100 calls, there was 100 puts.
Can you see that on a chart? Sorry to cut you off.
Do you chart that, or is that just other data? I've made a post every day about it, and I showed a chart in the Edge report that came out last night.
no, I do.
I do year to date.
I mean, you know, the technical data was showing, you know, you were showing your charts, you know, for the last three or four weeks in the Edge report, you know, I've been talking about the micro data, you know, and just to recap it, you know, one of the things, the chart that people can look at is the MMFI.
I love that.
Yeah, and that tells us how many stocks on the New York Stock Exchange only, not the NASDAQ, of how many are above their 50-day moving average.
And as of yesterday, only 26% of all the stocks in the New York Stock Exchange are above their 50-day average.
So you take that, man, that's not looking like, That's not a rocket ship getting ready to happen, right? It's the market's kind of pricing in earnings.
Some of these, you know, neoclouds sold off, some of the AI, some of the semiconductors sold off because I think people are wanting to start seeing some revenue and not just to spend.
So even with higher revenue, how much higher is the revenue growing and what's it going to cost to generate that revenue? You know, that generates a lot of uncertainty, a lot of worries.
And then, you know, throw... almost a hundred dollar barrel crude oil and throw in a couple other things.
And it's just like, wow, you know, things are really heating up and not in a good direction.
No.
And then if you take, like, if you look at the put to call ratio, Friday was like 90, 99, which what that's saying is, is that for every hundred calls that are out there, that's 99 puts.
So we're getting at the point where stuff suggested the, you know, the week, the weekly average is, Five-day average was 0.61, so for every 100 calls, there was 100 puts.
Can you see that on a chart? Sorry to cut you off.
Do you chart that, or is that just other data? I've made a post every day about it, and I showed a chart in the Edge report that came out last night.
no, I do.
I do year to date.
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