they hold the market up buying amzn and nflx and other PE's that are unstainable, when it cracks under the weight of “good stocks” what do you think will happen to these high flyers
“My longs, I'd rather not talk about those at all.” …LOL!
I actually think you might get a chance to get out tomorrow. I think there will be one more attempt higher (probably 1080 area) before selling off hard the rest of the week.
PRE-MARKET Tuesday… GS,UNH,PEP,WHR report earnings, and could negate what’s happening in AH, Monday. IBM and TXN down 3%. Thus QQQQ’s taking a hit. I still have the slow sto's pointing down. I did manage to short TXN, and DAL. My longs, I'd rather not talk about those AT ALL.
You'll also notice that the VIX has been falling all day… not supporting this sell off. That is another indication that they will push it higher before rolling back down.
I think the Sh*nola is going to hit the fan! LOL
they hold the market up buying amzn and nflx and other PE's that are unstainable, when it cracks under the weight of “good stocks” what do you think will happen to these high flyers
NO New Post Today. Just Refresh your page for an Update for my outlook for Tuesday.
“My longs, I'd rather not talk about those at all.” …LOL!
I actually think you might get a chance to get out tomorrow. I think there will be one more attempt higher (probably 1080 area) before selling off hard the rest of the week.
Maybe you will get lucky?
PRE-MARKET Tuesday…
GS,UNH,PEP,WHR report earnings, and could negate what’s happening in AH, Monday.
IBM and TXN down 3%. Thus QQQQ’s taking a hit.
I still have the slow sto's pointing down. I did manage to short TXN, and DAL.
My longs, I'd rather not talk about those AT ALL.
It is amazing. I do not know. We had a hugh down day and no PPT.
Given that AAPL is 20% of the index you would think it would drop more.
My guess is that it was the MSFT upgrades but I could easily be wrong on that.
Hard too tell Jim? Probably the PPT buying up other leaders to hold it up.
I do not see how the NASDAQ is holding up w/ Apple still getting hammered
I'm showing 150 million on the spy right now (3:45pm)… which is quite low.
You'll also notice that the VIX has been falling all day… not supporting this sell off. That is another indication that they will push it higher before rolling back down.