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S&P 500
7,505.63
(
0.43%
)
US TECH 100
29,072.80
(
1.29%
)
Dow Jones
50,462.48
(
-0.23%
)
Brent Oil
97.33
(
-3.80%
)
Bitcoin
76,406.00
(
-1.12%
)
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MJ moneymaker

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MJ moneymaker

Re: cheeva_pitt post# 8948

Friday, 01/23/2015 10:11:22 AM

Friday, January 23, 2015 10:11:22 AM

Post# of 39190
Because i think it is generally overpriced and has been propped up by the fed and record Margin borrowing / buying for a long time.

Look at the rounded top formed on the daily for S&P recently. Euro zone is in trouble and oils next leg down will drag the market down again. Too many red flags to be bullish on overall market. I just don't see much upside from here without a significant pullback.

All posts are my opinion based on my own DD. Always do your own research and never buy or sell based solely on anything I say.

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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