I was relieved to see the market’s Yellen rally disintegrate so quickly on Friday, although the bulls are still in control. Looking at the Dow Composite below, we need to get beneath the area I’ve tinted. As the crow flies, it isn’t a big trip, but it’s going to take some doing, since it is formidable support.
I’ve been meaning to mention this for a long time: since I live relatively near Google’s headquarters, I am constantly (every. single. day.) seeing their self-driving cars zipping around. They’re adorably designed…….
Yet I want you to know something: they go PRECISELY the speed limit. After all, Google doesn’t want to create lawbreakers, do they? So once these things are popular, just expect them to be rolling roadblocks, since the damned things are so obedient to the letter of the law. As usual, you heard it on Slope first.
Here’s your swing-trading watch-list:
Long TD Ameritrade (AMTD)