Add BIG and NFLX to list of after-hours blow-ups. I must read like I am cherry picking and ignoring the winners. They just dont interest me as much as the losers. All I am trying to do is to gauge how broad-based (if at all) the slowdown (that ECRI has been sticking with) might be. And I am more long than short, picking at the “value traps” that I mention on and off. Bouncing about until FB is not unlikely, but support levels on the SPY appear to be gone, and there is chatter about a head-and-shoulders formation.
Post-script, post-class. Will be glad when Apple and the Fed are out of the way. Is this move in oil service,SLB, BHI, HAL, DVN, WFT rotation into a beaten down sector or a one-day wonder?
SGB WEB 