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Actionable news in SQQQ: ProShares UltraPro Short QQQ,

NYSE Margin Debt As % Of GDP Signaling Ugliness For Equities

From Goldsqueeze: Just one chart for today – it’s one that I update every so often because I think it’s a worthwhile indicator to follow. The NYSE reports total margin debt each month (with a several week lag) on its website, linked here. Margin debt, as you know, is money borrowed to invest in equities. The higher margin debt goes, the more money is being poured into stocks. The absolute value of margin debt isn’t terribly meaningful because you have to take into account inflation, a growing number of...