The tech sector was getting attention as the 10yr yield rose last month. Doom and gloom warnings of a massive sell off to some support level that lines up with a spooky looking megaphone pattern. Consolidation is just as effective as a sell off in dealing with "over valued" stocks and that's what's been happening.
Until the breakout...
Facebook leading the way as are some other tech names
Others soon to follow and contribute to a melt up in the s&p.
Just wait until Amazon breaks.
Some others like Apple are lagging but Google and Microsoft are on the way up the ladder as well. The big sell off is called every other week but here we are.
Until the breakout...
Facebook leading the way as are some other tech names
Others soon to follow and contribute to a melt up in the s&p.
Just wait until Amazon breaks.
Some others like Apple are lagging but Google and Microsoft are on the way up the ladder as well. The big sell off is called every other week but here we are.
Comment:
Facebook leading the way with a continuation of it's breakout. Adobe and Amazon breakout confirmation. Pullbacks should be buying opportunities.
Comment:
Facebook half way there.
Comment:
Adobe got a buy rating from some banker. Up we go
Comment:
Amazon laggin
