Small caps bouncing on Friday's VWAP. Not sure how dr ahead of the large cap indexes they are willing to go. But as the rest of the market turns it could get nasty but that is most unlikely on a Monday!
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Tech Stocks Accounted For 75% Of The Market's October Return … the sector's 24.5% weight in the S&P 500 is now the highest since October 2000… and a remarkable 30% of all active fund holdings today, the highest levels in BofA data history since 2008
[Pasta here: recall that 2000 and 2008 didn’t end very well….] http://www.zerohedge.com/news/2017-11-0 ... ber-return
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Small caps obeying pivot points today. Again, the best reason I have heard is that the early programmers put the daily pivot calculation deep in the source code of the Algos.
I want to get on my soap box and say it isn't over yet for the tax bill. There is just way too much lobby money out there to turn it off this fast. The longer they debate the more cash is collected and donated.
Trades with cats wrote:I want to get on my soap box and say it isn't over yet for the tax bill. There is just way too much lobby money out there to turn it off this fast. The longer they debate the more cash is collected and donated.