Big 2pm reversal within the markets. We have stalled out proper on the QQQ all time excessive. Big reversal within the SPY and IWM additionally. The promoting was throughout the board. With earnings season out the way in which we’re a bit gentle on hole kind of performs for the time being and the econ information is a bit gentle for the time being. Tomorrow we’ve got GDP not a lot of something that’s thought of an enormous market mover.
For the subsequent couple days I wish to focus in on the largest and most liquid names.
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Thursday Economic Calendar
GDP 8:30am ET
Jobless Claims 8:30am ET
Philly Fed Mfg Index 8:30am ET
Corporate Profits 8:30am ET
Leading Indicators 10:00am ET
EIA Natural Gas Report 10:30am ET
KC Fed Mfg Index 11:00am ET
GUYS BE CAUTIOUS! We acquired light proper on the candy spot it does not imply its the tip of the run however we do must tighten up. We have been simply throwing darts these days as each technique has been working now’s the time to tighten up. Wire out your income pay some taxes and lets see what the remainder of the yr brings.
#EMERGENCY #PSA #STOCK #MARKET #REVERSAL #Bulls #Wall #Street