2pm update - momo stocks on the slide

Whilst the Dow holds 16k, and the sp' flirts with the 1800s, the momo stocks remain under pressure. TWTR, -5%, TSLA, -7%. Similarly, precious metals remain very weak, with Gold -$14, and Silver -1.7%.


TSLA, daily

TWTR, daily

Summary

The moves in the momo stocks remain particularly interesting, not least Twitter. There has to be a lot of holders now wondering if they should sell into year end.
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First opportunity for the equity bears remains Wed' afternoon- FOMC minutes, but then...I don't see this market as tradeable on the short side - at least not in terms of the indexes.
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2.19pm.. TSLA, FB, remain very weak..both could close -10% and -6% respectively.

GOOG remains strong...seeing it at $1046..thats pretty impressive. How about $2500 by late 2015?