Quote:
Originally Posted by scho63
Anything with a YTD big loss today is getting sold off today.
Shit be getting crushed.
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I have seen some divergences in indicators trying to form but still too much volatility still out there.
Home sales are starting to take a hit now. Some companies are going into slower hiring or hiring freezes. The transition from buying stuff to going out is in full force.
Plus higher food and energy prices are going to start taking out a lot of the froth in the market.
Simply put, if your company isn't turning a profit then you're probably getting killed off unless you're and AMZN or something.