Yeah kinda should have been priced in I would think but who knows? Could be the whole laggard thing too. Plenty of names are close to ATHs and they're still a long way off from that.
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I honestly don't understand the connection between them.Been staring at the US 10-Year Bond yield all day and it's amazing how tick for tick QQQ is with it. Bond yield goes up, QQQ drops. Bond yield drops, QQQ goes up.
Re-bought at $42.10. Also took some more nibbles on Thumb near close as it tanked under 44. Ugly stuff on Nazzy though. No clue what tomorrow brings but I'm not overly encouraged.Was able to get out of half my AYR at 45.20 while I saw things sliding hard. Between the AYR trim and TRUL trim that's all I've done today. Still hard to not be bullish on the sector but in the short-term it's really going to need some help.