my forecast on the spx for the next year, after higher highs come higher lows, and based on where valuations are right now the market needs to take a breath. officially bearish
AIR CANADA looking like it's gearing up for a turnaround on the weekly timeframe, based on the stochastic levels, and dragonfly doji, symboling the end of the downtrend. Wait for a conformation hopefully next week with a nice candle to the upside and hopefully trump stays out of the headlines (he won't)
Just a pullback taking place in the markets, until this level is broken the uptrend is still in tact and I see this as just another chance to get in. Valuations were too high before this decline however now we're seeing tech stocks trading at attractive multiples.
Google hitting major resistance levels after dropping 17%. buying a world renowned Tech company at 20x P/E is ideal and way below the average of its peers. BE GREEDY WHEN OTHERS ARE FEARFUL