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Google disappointment could mark a swing or top in Nasdaq

Short
CME_MINI_DL:NQ1!   NASDAQ 100 E-mini Futures
Google earnings revealed some disappointment in search ad revenue, causing some selling in shares.

The market is looking for an excuse to sell and take profits, this could be it. Apple, Google, and Microsoft have performed poorly this week and are the largest stocks in the large cap indices. These are the leaders. The Generals. Could they be signaling slower growth temporarily?

As an investor, its best to try to make your money when you buy, as in wait for a discount and let the asset grow. There is no discount currently.

Low vix index, meaning low premium on the puts and low fear. Risk to downside is very underpriced, usually not a good time to buy.

Oil is weak. Strong economy usually has high oil demand.

China is weak. China manufactures much of the worlds goods. Not a good sign either if we believe we have a strong economy.

yes, I am a looking for bearish trades, 6-12 months out.

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