Getting back to the old highs in high $130s appears increasingly impossible, which means the top is in. When the top is in, that means the trend is DOWN.
$130 riding into the sunset, never to be seen again? Even a flatter yield curve may just mean that the longer dated just rise less than the shorter yields.
Prof. says cloud, retail & media are all high competition businesses and stock fair value is 50% lower.
Duck & cover FANG.
But it is not solid oak, but butter. Real resistance at $495-500.
The dude is cleaning up now--but much more to be made.