FYI: Could today have been a more obvious “sell the news event?” Of course it wasn’t obvious to me in the morning, and if we closed at the highs I wouldn’t be writing this, but come on. Could this have been any more obvious?
The S&P 500 fell 1% from its highs, and closed down a modest 0.11%. But the NASDAQ 100, which has been the leader of this market, fell more than 1% and had its second bad day in the last four sessions. This could be the top.
Buuuuuuut it might not be.
Regards,
Ted
http://theirrelevantinvestor.com/2017/12/04/this-could-be-the-top/