Dow' daily
VIX'daily3
Summary
Little to add, as the algo-bots continue to melt the market higher.
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It has long riled me whenever I hear any of the cheerleaders (not least the infamous Cramer) talk about the AAPL or GPRO 'eco system'.
Using such terms is pure marketing nonsense....
GPRO, daily
So.. 3 of the lunch time crew still have GPRO on sell. Does J' Najerian not realise that consumers are no longer in the mood to pay $400 for a HD cam, when they can buy any of a dozen other brands for $40 ?
In terms of price, I guess you could argue GPRO is trying to form a floor, but just consider its basically flat lined as the market has climbed around 15%. I'd not buy it at $1.00, nevermind the teens.
In any case.. every time a cheerleader talks about 'the eco system', an angel loses their wings.
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