Are we still gonna get a holiday rally? I am not sure. The market looks really dark this morning, seems more downside ahead. But is there an old saying, describing the sky is darkest before dawn?
I received several emails kindly reminding me that other races riding on the bull too. To them, I want to say that "it still does not mean the behavior is welcome and encouraged".
Before the market, momentum stocks get crushed, names like JASO, ASTI, TSL, SPWR, FMCN, BIDU, WFR, FSLR and ISRG. Be careful, the selloff is getting nastier.
Check out FSLR, up a whopping $50. Also check out other solar names I kept mentioning here: JASO up $10, STP up $6, TSL up $5, SPWR up $9, YGE up $2, ASTI up $1.5. This is so like internet age.