We can dub this the “Jobless and Homeless Recovery”.
Most of these bullish reports on earnings (after guidance was dropped back severely just recently like 33% on Alcoa one week ago) don't even list the earnings.
My overnight charts show the market went too high too fast, pullback for one day seems likely. JPM reports pre-market Thursday. That could be a down trigger, Or Wednesday the report on June retail sales, at 2 pm Eastern on Wednesday, could be bad. INTC earnings lift, may be short lived.
Not exactly one of my finer moments. I guess BRCM headed to 38 or 39. Triple top short, LOSER. 3% stop out a comin'. And, it's a rounded bottom, with strength. All the warning signs are there. Mental Lapse. It happens.
I think that's just a late fill from yesterday Reza. The pre-market low this morning was 108.03 on the spy… which matches that afterhours level today too.
We can dub this the “Jobless and Homeless Recovery”.
Most of these bullish reports on earnings (after guidance was dropped back severely just recently like 33% on Alcoa one week ago) don't even list the earnings.
My overnight charts show the market went too high too fast, pullback for one day seems likely. JPM reports pre-market Thursday. That could be a down trigger, Or Wednesday the report on June retail sales, at 2 pm Eastern on Wednesday, could be bad. INTC earnings lift, may be short lived.
Not exactly one of my finer moments. I guess BRCM headed to 38 or 39. Triple top short, LOSER. 3% stop out a comin'.
And, it's a rounded bottom, with strength.
All the warning signs are there. Mental Lapse. It happens.
Hmmm… let me guess? YOU…
Guess who had shorts on BRCM, going into INTC earnings?
New Post everyone…
I think a “pause” day or slightly down is coming tomorrow. Regardless of Intel, the market needs another day of rest now I believe.
The intel CC was a blow out.
Bears will be in hibernation a while. i did not see this one coming.
Gonna have to look for new entry points on the bull.
I think that's just a late fill from yesterday Reza. The pre-market low this morning was 108.03 on the spy… which matches that afterhours level today too.
http://www.nasdaq.com/aspxcontent/ExtendedTradi…