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Post# of 31184
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Re: Duma post# 18694

Wednesday, 01/17/2018 12:25:53 AM

Wednesday, January 17, 2018 12:25:53 AM

Post# of 31184
Maybe the question is why the pop/gap up. We closed pretty close to Friday close. I cant find any info point to a certain reason either. VIX spiked though.
I think maybe too fast too quick. I read an article that posted 10 guru's forecasts SPX for 2018. Passing 2800 beats 6 of them already. So maybe some good old fashioned profit taking. At 2807 we are +5.1% gain on the year.
I guess the possible govt shutdown maybe factor? But that will get solved and big buying opportunity opens up.
We didnt get even close to 10ma.
Other stuff out there. Bitcoin selloff. Trump investigation.

Bought AMAT and VSH/TLRD held above their stops. Also still got MU call.

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