Wednesday, February 8, 2017

The Zuckerberg Omen Just Triggered

When only three stocks are holding up the entire market and one of them is Facebook (The other two are Apple and Philip Morris)...

"It was a Black Swan event, sponsored by the Kardashians"

New mega cap highs today. Three out of one hundred:

Facebook weekly:

:60 min
(today's intra-day high was lower than last week's):

Which got me thinking about Internet stocks, which have imploded the market four times so far, coming off an overbought RSI reading:




Is this