Yuck…yuck and more yuck. Start with some money losing IPOs romping and stomping to the upside. Add in over 50% of the market bearish while some indices go to new highs. Add in very extended leaders. Add in put/call numbers off the charts bullish…and start the week with yuck. That 2800 area may be a sticking point for this second. A break above would be very bullish but may need some time and price in here as well as working off some of the froth.
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- RADIO SHOW 11/13November 13, 2018 - 6:47 pm
- RADIO SHOW 11/12November 13, 2018 - 9:09 am
- NAUSEA AND THE PRE MARKETNovember 13, 2018 - 9:01 am
Hey…the Giants won! We heard yesterday: One pundit say the action in the market doesn’t worry him a bit. One pundit say this is how a bottoming process works. One pundit say it is good news when they get names like AAPL and GS. Our take: Except for the DOW, all major indices and most […]