Loading ...S&P and Nasdaq
Have we already seen the top?
For the huge-cap names like AAPL and GOOG, the trend of laboring to, or close to new 52-wk highs followed by a dump after earnings continues.
As each quarter is progressing, post-Covid, the top line (revenues) is not improving for these tech giants, and the only “way to efficiency” now is improving the profitability/bottomline via layoffs.
GL
Yes, this time looks serious.
I can’t log in to my brokerage account
“Have we already seen the top?”
Just have to do the math, each of us in our own way.
Right now, I have sells on daily and weekly. monthly pending.
But the first two are counter trend declines. ONLY, & SO FAR.
In keeping with the red ALT from y’day.
Forgot to put smiley, sorry was in a hurry.
Don’t take my answer seriously, I have no clue, although markets are due for down move.
I do have shitty brokerage and the fact, that I can’t log in for last couple hours, tells me, there may be some panic going on, peoples are logging in in droves and their brokerage client is overwhelmed. May be a sign of something.
One more thing. Usually is best to wait toward end of the day.
If by the end of the day markets turn back up, then was just quick shame out.
Fankers
…shake out