Daily Posts & Analysis

While the market is pulling back a bit as expected, we’re now starting to get a sense of where things are likely to bottom and the market is already setting up for another sharp rebound.

Yesterday’s sell-off pushed all of tech into deeply oversold territory. We should see a major rebound begin as early as today. This morning likely marked near-term lows ahead of a strong bounce toward yesterday’s gap-line (highs).

Big market gap-down to open up some good trading opportunities near-term. For our long-term portfolio we need to see correction territory to get excited.