Market eventually has to selloff, we are closing in on 70 DAYSSSSSSSSSS
WITHOUT A 1% DECLINE IN THE S&P.
HMMMMM. OVERBOUGHT.
I THINK SO. People are starting to get what we call "GREEDY".
I think a pullback to around 11650-11750 area would be what the market needs to get another round of strong buying. IF the markets decline tomorrow on Googles earnings which were great, I think it will be time to start pulling some money out of this overbought market.
Also have earnings from MMM, CAT and MRK. CAT will be the most important out of the 3.
WITHOUT A 1% DECLINE IN THE S&P.
HMMMMM. OVERBOUGHT.
I THINK SO. People are starting to get what we call "GREEDY".
I think a pullback to around 11650-11750 area would be what the market needs to get another round of strong buying. IF the markets decline tomorrow on Googles earnings which were great, I think it will be time to start pulling some money out of this overbought market.
Also have earnings from MMM, CAT and MRK. CAT will be the most important out of the 3.