QQQ AMZN NFLX GOOG- all will be blood red in the a.m.- MARK IT DOWN !!!
iS TRUE ----AND if NFLX is over $400 I will wire $50,000 into my account to short short short- if GOOG is over $1150 I will use it to short as well- only stock acting correctly is AMZN when it reached $351 A.H
I would agree if the Stimulous was gone. 65B still in play. This indicates the Big Banks can take the market anywhere they want to for now. But the game is winding down and this should be one hot summer.
I agree,instutitions are very much aware tapering is in place,if today is a dead cat bounce,then the trend of the overrall market is still down.
Take a look at the blue chips,they are not heading higher,they are drifting lower,