Snap getting murdered is also dragging down Google pretty fukkin hard
The guidance was bad from what I've looked into, which is potentially a sign of things to come.
There's a lot of big shyt popping next week though.
We should know about a rate hike next week.
The PCE drop next Friday
At least big tech reports next week, so we can get it out of the way.
Alas I think there's still some potential to rally again.
I know a few people I follow are saying there's a good chance that if SPY doesnt clear 405, with heavy volume, then it'll scale back down to 360....
I'm hedged either way. I got my trades going on both sides of the market. With a surplus of cash to deploy in either direction.
With that said, I'm not a financial advisor and I'm usually wrong.