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S&P 500
5,199.50
(
-0.77%
)
US TECH 100
17,317.20
(
-1.50%
)
Dow Jones
38,763.45
(
-0.60%
)
Brent Oil
78.38
(
3.10%
)
Bitcoin
55,084.15
(
-1.72%
)
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ahimsak

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ahimsak

Re: etalors post# 29761

Monday, 05/01/2017 3:08:55 PM

Monday, May 01, 2017 3:08:55 PM

Post# of 37921
market loves the big tech qqq for now. HOw high? Add the range recently from 129.5 ro 133.5 to 133.5 and you get 137.5

Just a thought. RSA at 80, very overbought. My gut is appl disapoints, as market expects perfection.

Am getting killed with my short in qqq at 134 last week, so what else is new?

BTW, best economic indicator is car sales, and they are going bust quickly, weekly LEI is going down faster and faster, not sure when this reality bites and the bear starts, maybe not until after labor day?
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