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 2/20February 21, 2019 - 10:31 am
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