Sunday, November 15, 2015

The Hardest Landing: Tech Moonshots Are Coming Home

To generate the fastest collapse possible, catapult the largest cap tech stocks straight vertical at the very end phase of a bull market and then stand aside as they return to reality in a no-bid market...the last mega cap moonshots holding up this charade are now rolling over, look out above...

The Tech overthrow was a bull trap. The sector is now back at February levels:

Key moonshots are descending rapidly
Amazon -5% from highs




Priceline - 12%

Netflix -20%

It doesn't help that the world's largest stock is gapping down at the same time on news that the iPhoney 11++ isn't selling as well as the iPhoney10+...

And it doesn't help that Alibaba has been flagged as the next Enron...