BLOOMBERG Whatd You Miss April 4, 2016
Overall a quiet day. A selloff, but nothing particularly dramatic. We came back and couldnt hold it. He apologize. One stock i was paying close attention to was nike. If you look at it versus moving averages, it has fallen below all three of these. I havent seen any news trigger out of this. But it was a really interesting reversal. This is one of the most loved starbucks since 2009, and it seems to be tiring out a little bit. Matt miller says it is not in serious trouble, but watch that 55 level to see how much more exhausted it could be. Speaking of the overall quiet market, lets take a look...