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CHART OF THE DAY: A Picture Which Should Give Perma Bulls Pause - 11.17.15 EL chart

Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to subscribe.

"... Darius Dale and I were doing the rounds, seeing sharp Institutional Investors in Boston yesterday, when what was looking like another flat to down day for US stocks turned into some rip roaring fun to the upside.

 

It’s a good thing they bounced them. That was the 1st real up day (albeit on slowing volume – see Chart of The Day for details on Total US Equity Market Volume being -12% vs. its 1yr average) for the US stock market in the last 9."