Yes I'm in agreement , and the market internals is what I have been highlighting for some considerable time now to those suggesting that all "tech stocks" should rise with the Nasdaq.
They refuse to accept that apart from the headline grabbers of the Nasdaq that most tech stocks are already in a bear market and they keep buying the dips which is exactly what happened in 2000 andany people list live savings, houses, marriages and some their lives .
Of course this time could be different but it is prudent to exercise some caution or hedging strategy
im already short Gold but I think while commodities will sell off they will present long term buying opportunity as opposed to stocks
im expecting blow off tops on a lot of the Faang stocks as they report on the market deciding Theis weeks reports will be as good as it gets
Daily Price Movement / General Discussion, page-19996
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$2.66 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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