Nasdaq Surges To Most Overbought In A Year As ‘Greed’ Nears 2015 Peak

Tuesday, November 3, 2015
By Paul Martin

by Tyler Durden

The last time The Nasdaq was this overbought, the index peaked and dropped 7% in the next week. With ‘Greed’ near 2015 highs, perhaps the decoupling of VIX from stocks suggests many have similar ideas of hedging these exuberant gains.

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