A MENACING PATTERN HAS REVEALED ITSELF IN THE STOCK MARKET $FB $AAPL $AMZN $NVDA $AMD $TSLA $INTC $EXPE $XOM $AMGN $AMAT $WDC $EA
Prudent investors ought to pay attention to a menacing pattern developing in the stock market.
Please click here for an annotated chart.
The chart is of the Nasdaq 100 ETF QQQ, A similar pattern can be seen in S&P 500 ETF SPY, I picked QQQ because the pattern is more pronounced. And it contains popular stocks including Facebook FB, Apple AAPL, Amazon AMZN, Netflix NFLX, and Google GOOG, GOOGL.
It is important to note that in addition to the so-called FAANG stocks listed above, other popular tech stocks were also dumped. Notable examples are Nvidia NVDA, Advanced Micro Devices AMD, Microsoft MSFT, Alibaba BABA, Tesla TSLA, and Applied Materials AMAT.… Please click here or the title below to read more.
July 28, 2017