Direxion Daily Technology Bear (TECS)

[A320CA]

GDP 2.2% - growth is anemic!! With a consensus that margins will continue to compress going forward. Unemployment is above 8%. Jobless claims still above consensus for the week. April job growth next week - most agree that we need almost 400K per month to start bringing down the unemployment number. Well, the forcast or expectaction next week is 170,000.

This is a rally? People are buying into this?

Still standing pat, but I maybe putting in money this afternoon. We'll see how the day goes. I'm in the simulator for training from 10-2pm. Market closes at 1pm AZ time. Yikes! Order is put in already at the market close.