Today we're going to talk about some technical and fundamental divergence. Stocks are acting better. There's some more bullish action. But the Fed is right now in a mini-taper which could seep into trading at some point. Also, so far in tech land there's a recurring theme that current good results are helped by low-quality inventory builds and expectations that there's going to be resurgent back half demand.
Market's Listening To Me
The market doesn't always listen to me. It's way more important that I listen to markets.
But I've been calling [[SPY]] 281-bullish