May. 6 at 4:19 PM
$LITE protect gains by buying
$LITZ , you'll make money on the way down 2x. The problem here is valuation. 71B company with 300PE , it is 10B larger than
$COHR which won
$IIVI and has 2x sales . The 200dma is at 350, RSI at 90, all these issues are extremely extended and due for a pullback. Look at
$CDW , down 22% on already rising inventories, the market is blowing smoke up your ass !