Narrower already?

A few thoughts:

Before the market topped out, the average stock was heading south before the indices. It is early but already “feeling” a little of that right now.

Seeing and feeling the “nifty-fifty market we experienced before the top. Google and Amazon both had strong gaps that were sold into on Friday but bought up yesterday. Would love to see some time put in here building handles or a little base in here. Leave no dought these 2 have a major influence on the NDX.

This could change but as of this second, go look at the Russell 2000 and the mid-caps versus the QQQ and larger cap indices.

Apple reports after the close (we have no position). The stock as well as the suppliers continue to act icky…but that can change with earnings.

The Fed this week. Doesn’t it feel like we have a Fed meeting every week?

Its METS time!