Good call but usually they aren't really indicators of each other. For example HK was selling off like mad. Brazil was also selling off 4-5% per day, no other markets followed.
I think an overreaction to the IMF statement. FED minutes tomorrow, I think it'll be volatile.
http://www.theguardian.com/technology/2014/sep/16/tech-bubble-warning-investors-dotcom-losing-money
I can only see disaster for the tech industry once rates go up.
Not true. It's just mostly bulls right now, because of what the Fed has been doing. The bulls know there should be a correction if it weren't for the Fed.
It's a completely unhealthy market.
Our external debt, as a percentage of our GDP, is really not bad at all. There are many nations doing far worse.
Most of the debt we owe to ourselves. It has been contemplated and taken seriously, to create a $1 trillion coin and deposit into the central bank but not put into circulation.
Very weak indicator. Happens with all indices. One day Nasdaq outperforms, next day Dow does.
RUT underperformed compared to SPX today and yesterday, but outperformed SPX on Monday.
I've been calling top every day for over a week.
Yes all that is needed is the FED to hint of an end to this bond buying madness. Once he starts doing it, the markets will sell.