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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: tntpal who wrote (45092)11/30/2021 9:29:54 AM
From: Lee Lichterman III4 Recommendations

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ajtj99
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Jacob Snyder
tntpal

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The indexes themselves are showing unbelievable strength. After Friday's drop, we were getting close to the all time highs again by yesterday's after session trading. Now after an overnight tanking, the NDX is almost green again.
Problem is, it's almost all the FAANGM stocks holding it all together.
This was tweeted out this morning showing just how many "average" stocks have already corrected at least 10% despite the indexes looking great. Imagine what they'd look like if NVDA MSFT etc fell.

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