Saturday Review’s recording (for 6/27/15)… Fork in the road.
“When you come to a fork in the road, take it.”
The week-long sell-off fulfilled all downside requirements and didn”t put into play any new ones. But it didn”t have time or take time to attract sponsorship for reversing the trend back up. So, the market hasn”t yet reacted either to Greece”s post-close calls for a referendum, or to the Eurogroup”s unsympathetic response.
Is there any selling left? Is a new round of selling about to begin? Should be fun. We looked at the market”s bigger picture, and then gamed out different strategies for Sunday night and Monday”s open. Then we reviewed individual chart analysis requests, in this order: GOOGL, GOOG, AAPL, CSCO, BT, GWPH, FEYE, PANW, PHM. The recording is linked below: