- My call for the market to rally was roundly criticized, yet here we are.
- A 10% rally in one week makes me cautious about the rally continuing without some kind of consolidation Tuesday.
- Stick with the well-known tech names, if the consolidation is steep, add more shares.
- If you heeded my call and went long big cap tech, this week must have been pretty sweet following the herd, by the time you get the news, it's stale.
- Be aware that Amazon is in the process of splitting. The deadline is this past Friday. If you are looking to buy or sell, read up on the process before you make a transaction.
For further details see:
Did You Buy Friday's Huge Rally? You're Doing It Wrong - I Explain, Also My Trades