Up until noon time yesterday, every dip since the square wheel market collapse of 7,500 b.c. has been a tremendous buying opportunity. After surging to yet another record high yesterday,
Friday Morning Market Reads, Charts, and News
Daily Recap: What is Next After Nasdaq Plunges Intra-Day?
It has been awhile since the broader market saw a meaningful downside move. Around mid-day today, the Nasdaq, represented by the QQQ, started to fall, led by a sharp decline by ‘FANG’ stocks and other high-fliers like Nvidia (NVDA). While a pullback is to be expected given the run, what came as a surprise, was the free fall that happened mid-day. The Nasdaq plunged over 2% is 1 hour with many of these ‘FANG’ stocks falling more than that in that same hour.
JULY 27TH, 2017 WATCH LIST
Good morning UPB HERE! The stock market is off to another tremendous start this morning on the heels of Facebooks post earnings rally. The stock not many wanted to own under $20 after its IPO, is now at record highs over $175 just a few years laters. $AMZN is also soaring and when the bell rings to open the session the CEO of Amazon will be the richest man in this side of the Gamma Quadrant.
When the market opens in 30 mins, Jeff Bezos will be the world's richest man.
— Jeff Lewis (@ChicagoPhotoSho) July 27, 2017