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 9/24September 24, 2018 - 9:16 pm
- WEEKEND NOTESSeptember 24, 2018 - 8:38 am
Futures down…NASDAQ worse than DOW. Foreign markets pulling back after good week of gains. The thought process has not changed from anything we have been seeing. Two weeks ago, we wrote the report about “changing of the guard” in the market..and since, this is exactly what has happened. Relative strength in the market has been […]
- RADIO SHOW 9/21September 23, 2018 - 2:32 pm