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These 3 Charts Show Signs of a Major Stock Market Top

Something Wicked This Way Comes!  Or at least MAY be coming.

Let’s start with the all-time record net short VIX positions by speculators.

vixposit

Not a good sign at all.

Then we have the S&P500 Triple Top (blue line) and Gator Jaws (S&P500 Index relative to the Citi Economic Surprise Index for the USA).

gators1

Then we have another gator jaw: S&P500 index relative to S&p500 adjusted EPS.

sp500eps

My former MBA student at University of Chicago, Kevin Smith of Crescat Capital in Denver, has this nice interview on trading the end of a cycle.

In other words, something wicked this way comes. Maybe.

somethingwicked

 

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