SP 500 And NDX Futures Daily Charts - Going Nowhere Man

Stocks were struggling to go green (again) all day.

Stocks were struggling to go green (again) all day.

After the bell Yahoo missed earnings and revenues and Chipotle was not looking robust either, especially with a miss on the bottom line.

I am mostly in cash here with a light short position, waiting to see if stocks can move higher or will start rolling over. They seem overvalued here, especially in light of a slowing US and global economy.

Have a pleasant evening.

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None.

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