SPDR S&P 500 ETF TRUST
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$SPY $ES_F - SHORT - NOTICABLE DIVERGENCE

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I cannot help but noticed the divergence between SPX and the GDP.
The fact that they released the GDP numbers prior to the big tech earnings, changed my viewpoint on AAPL, AMZN, FB, $GOOGL.

Now I see the valuation for these stocks to be overinflated.

My prediction is that regardless whether it’s they beat or miss - the valuation is still too high and expect a pull back soon.

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