Looks like and “feeling” like the stretched, extended and “overboughtness” of the NASDAQ/NDX/SEMIS and all that stuff showing up a bit today as many names strong early and now red…does not mean trouble. Just recognize how extended things are in these areas…with stalling and pullback potential in the near-term.
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- RADIO SHOW 8/17August 17, 2018 - 6:51 pm
- PRE MARKETAugust 17, 2018 - 8:59 am
Futures down a wee bit after a strong Thursday. But not so strong was the NASDAQ/NDX/growth areas. Something to watch. A couple weeks back, we called a report “Changing of the Guard!” We are now seeing much better action in UTILITIES, REITS, DRUGS, FOOD, BEVERAGE and other CONSUMER STAPLES areas. We continue to see what […]
- MADURO-THE MOST STUPID MAN ON THE PLANETAugust 17, 2018 - 8:51 am