Large cap tech has seen some monster gains in the last week. Examples: $AAPL, NFLX. This has me starting to look for shorts there. I will be watching/reading the charts for the exhausted moves that need to take a breather and move lower - its a classic trade. Nothing goes straight up or down! I will post the detailed trades i take to the VerifiedInvesting website live when i enter positions.
As of right now, things should float higher into the weekend as the markets are totally in holiday mode. Light volume. Tomorrow Janet Yellen speaks. Its strange to have her speak b4 a holiday weekend... they want to sneak something in when no one is looking. ;)
Just some thoughts and what I'm looking at there :cool:
As of right now, things should float higher into the weekend as the markets are totally in holiday mode. Light volume. Tomorrow Janet Yellen speaks. Its strange to have her speak b4 a holiday weekend... they want to sneak something in when no one is looking. ;)
Just some thoughts and what I'm looking at there :cool:
Tech short time!
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