Personally, I think we needed a day like this. A little profit taking. Shake out some weak hands. Bounce off an intraday low. Building the support. Ready to push through to new levels. I'll take a day of consolidation for another two quarters plus of solid earnings and a new product or two.
The day is coming when men will not carry wallets. This is not about swiping a card. This is about having everything, your ID, your credit cards, your insurance card, etc., all on your cell phone. You won't need replacement cards mailed to you bc an update will me sent electronically for your phone. If a police officer pulls you over, your insurance card is on your phone. If a bartender cards you, your ID is on your phone. It's about convenience and health for that matter. Sitting on a wallet is bad for your back, just ask a chiropractor. The day is coming where everything will be on your phone.