"STOCK MARKET READY TO CRASH HARD"

[HotRocks]

The market's getting flooded with more and more shares, while the few buyers that are left have already grown skittish: “STOCK PRICES ARE GOING TO FALL HARD”

Dissecting the data further, TrimTabs next focused on those months in which not only did total corporate issuance exceed $30 billion, but also those in which total corporate share purchases were less. The S&P 500’s average 90-day return following those months was a loss of 7%. This more-narrowly-defined subset applies to today, unfortunately.

According to TrimTabs, corporate new offerings since the beginning of May have been nearly five times greater than corporate purchases.

...Dissecting the data further, TrimTabs next focused on those months in which not only did total corporate issuance exceed $30 billion, but also those in which total corporate share purchases were less. The S&P 500’s average 90-day return following those months was a loss of 7%. This more-narrowly-defined subset applies to today, unfortunately. According to TrimTabs, corporate new offerings since the beginning of May have been nearly five times greater than corporate purchases.