Quick Market Review for last week

Hey pals , since my absence from big market last week due to my CFA exam, I haven't been following up the market for a while. But based on my quick review of several bellweather stocks and market performance indicator shown on my rador, I am here to say we are going to have over 80% chance to see a correction in less than 1 week. Why? the reasons include both the macroeconomics which points to housing market performance together with fiscal policy and stock market performance itself.
The stable housing market data together with the latest FOMC minutes lower market's expectation that FED will cut rate pretty soon before September. The forward rate of T bill hasn't shown any downward sign as it did last month,to our surprised, it reverses up. You know what the effect could it lead to big market right? This is just from macro aspects.

from stock perspective, I feel really surprised that AAPL has a negative divergence with the GOOG and big market on last friday. Whenever we see such a negative divergence, a warn signal should be sent into your mind right away. Also try to get that whenever we saw a positive divergence, a bullish sign is coming. Remember when overall maket sold off the day bobobobo dude warned, a positive divergence between GOOG and AAPL , big market was monitored. And you have seen what have happened later on when GOOG was green.

Above is just a quick review of the market based on my scan. As a result, the exact timing would be quite difficult for me to decide. Combining with the BH trading info (by bobobobo), it could raise our chance to avoid the loss. and here trying to remember, we got a double digit increase only in a month in index. If greenspan called bubble in Chinese stock market, we can call a short term bubble in us market now. The strategy to avoid such a caught up will be to switch your position into those stocks who has not increased as much in the last month. To be more specific, into those tech growth stock will be a good move. Reducing your exposure in commodity and energy could be a good and short term strategy even though we have called up a hedging strategy before.
the correction is expected to be 80 points down from NAZ and 300 points down from DOWS if it comes. All these expectation come from our experience for the second wave correction.Just for a reference, we don't wanna time the market but to watch it.

Cooling down hot water will take time!

And recently I will try to start to building a strategy with all of you into the insider trading strategy. Although not mature now, the idea should deserve deep investigation as many hedge fund managers use such a strategy to allocate their position.

****** Downgrade MA in my list ****************
Also I would downgrade my MA ratings from Buy to Hold since it has almost reached the target price in 12 months.Current price means overall market has fully appreciated its value for the whole year, I won't rec to add it into the portfolio at this moment.