I tend to share the view that the tech sector at SPX is pulling the whole S&P company's along with it in many ways.
Consideration of the whole SPX for a while loses its meaning, separation is necessary.
Let's group a few big horses together and see what's out there.
Okay:
NASDAQ:AAPL*NASDAQ:NVDA*NASDAQ:GOOGL*NASDAQ:MSFT*NASDAQ:META
could be more, but I think that would be quite telling.
Oh my God, Carl...
99.2%
The last time this overbought was in 2019.
And you think these guys will go even higher without a correction?
Consideration of the whole SPX for a while loses its meaning, separation is necessary.
Let's group a few big horses together and see what's out there.
Okay:
NASDAQ:AAPL*NASDAQ:NVDA*NASDAQ:GOOGL*NASDAQ:MSFT*NASDAQ:META
could be more, but I think that would be quite telling.
Oh my God, Carl...
99.2%
The last time this overbought was in 2019.
And you think these guys will go even higher without a correction?