Eternal optimist Joe Terranova, CNBC, says he's not buying
Mentioned 200 DMA on CNBC's Fast Money Halftime. Sounds like he's maybe willing to give it a look at $88'ish. Way too early as I see it. Let this sink to low $80's before playing to the upside. As much as I despise this crapridden organization, it will drive back to $95 soon enough.
Yes, their pundits are phenomenal contrarian indicators. Except for Cortes, who I largely agree with most of the time. Of interest, the fact that a permabull like Terranova is hesitant presently, is an indicator to me this market, and WFM specifically, may have quite a ways to go down.
Enjoy your "fair and balanced" Faux News. I find it very entertaining myself.