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S&P Deterioration

Started by Jorge · 3 months ago

After the hype I warned you about on Black Friday, the S&P, and the market as a whole, ramped up into this morning’s trade. As we’ve seen in the past, the market has been unable to sustain any sort of rally for an extended period of time. As a result, the ... Continue reading »

2 comments

  • classic reverse head and shoulders action. I would be all in cash were I not fully vested. However, I did get some good action on AAPL, INSP and BFLY today.
  • We were due for a rally although I didn't figure it to be nearly 600 points in 2 days. I've learned to try and stay market neutral at this point with the wild swings we've been having.

    AAPL's going to have a great holiday season if you ask me. If I had more capital I would have jumped in just like you. I would think about picking up AMZN around this point as well even though folks like Cramer don't necessarily care for it as much. They'll have a great holiday season as well. Can't beat free shipping especially when it takes over $40 to fill up my fuel efficient Honda Civic.
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