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$FB might be the earnings number to crack the nut…down 10% in AH, – a lot of momentum names selling off on $FB. Good on you for standing aside with cash!
Could be.
chess what if the momos are no longer the “leaders” seems to me the market has new leadership NKE AAPL MSFT mega caps have outperformed YTD
Typical of a late-stage bull market.
Hey Chess,
Great stock market analysis! We are seeing history in the making… either this is the world record for V bottom formations or we are seeing the emotional swings of traders going through QE withdraw that just got a sniff of QE4.
Either way, always good to be wishing you were in instead being in wishing you were out.
Side note…
I’ve been away for a long time – what ever happened to Wood?
Thank you! Wood went into retirement last year, focusing on other things in his life.
Thanks for the update on Wood.
If you see him, tell him I said Hi.
Renn