There is already built in selling pressure above today's RTH open (Sunday's globex session), if and when we get there tomorrow.
Just keep buying, this bull says sell in may doesn't apply this year!!! 'Sell in May and go away' doesn't apply this year, market bull Tony Dwyer says Stephanie Landsman | @stephlandsman Published 1 Hour AgoUpdated 50 Mins AgoCNBC.com https://www.cnbc.com/2018/05/01/sel...not-if-youre-wall-street-bull-tony-dwyer.html
Some funny predictions today!!! Apple shares to rally more than 30% the next 12 months because of its high margins, valuable brand: Analyst D.A. Davidson initiates coverage for Apple shares with a buy rating, citing the company's leadership position in the smartphone market. "With an eye for design, strong share in the premium (high margin) markets for smartphones and a growing (but select) number other devices, and the most valuable global brand, Apple remains one of the most significant technology companies in the world," the firm's analyst writes. Tae Kim | @firstadopter Published 18 Mins Ago https://www.cnbc.com/2018/05/01/da-...-more-than-30-percent-the-next-12-months.html
Earnings are proving nothing this quarter and I really believe peak earnings have arrived, I don't think moving forward these companies will be able to create the earnings they have been showing the last year or two....markets seem to be ignoring every great earnings out the last 2 weeks.... Tonight apple reports, going to be a massive earnimgs call.....everyone is anticipating a pretty bad quarter!!