Any ideas for the reason behind the drop in Naz futures at 5:02pm ? I have the QQQ dropping from 25.92 to 25.72 in 3 mins on over 500K volume
I can't believe these companies could miss their numbers! A friend in Seattle said some larger companies are laying off left and right. I think things are worse than they appear.
Read Fleckenstein. He's been calling semis right for more than a dozen years. The DRAM prices plummeted after a little blip.
Yes MU dumped and so did the techs and NQ.. but whats up with the 11 point bounce after NQ sold off on MU news... I mean short squeeze is one thing but damn, 11 pts? Something ain't right here??? Techs all closed AH lower most at lod's But NQ bounced 11 pts? Comments?
its triple or if you count SSF ( quaduple ) witching week maybe some if the movements in the futures are related to this