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S&P 500
5,591.96
(
0.00%
)
US TECH 100
18,864.40
(
0.06%
)
Dow Jones
41,335.05
(
0.59%
)
Brent Oil
79.13
(
0.46%
)
Bitcoin
59,336.71
(
-0.10%
)
Post# of 111361
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santafe2

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santafe2

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Thursday, 06/15/2023 10:04:44 PM

Thursday, June 15, 2023 10:04:44 PM

Post# of 111361
I spent some time tonight reviewing several of my technical indicators and - no surprise - tech is overbought. In fact, the SPX is up on the back of a handful of tech stocks. The rest of the ~500 are just muddling along. What did surprise me is that there is no confirming evidence that this bull run in tech is over. Personally, I think it's almost over but today I can find no confirmation. Let's see how it goes for the rest of June.

The stock market is a device for transferring money from the impatient to the patient. - WB

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