Nasdaq100, after such a run is tired... very tired. And now is on a huge resistance level, that will be extremely dificult to overpass. So, with vulcanoes, countries going bankrupt, debt, debt and more debt and extreme optimism on the stockmarket not seen since 2000, compliments to the world governments that prefered trowing free money to the system, creating a big big bubble and bankrupt entire populations... this entire stockmarket is due for a huge correction. I would be very surprised if next months wouldn´t be bear territory.
Good News, Bad Medicine.
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The economy added 165,000 jobs in October, against roughly 65,000 expected.
Unemployment came in at 4.1%, wages rose 0.4% on the month, and the prior
two m...
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