Thursday after market

... and IBM is the fat lady.

If you needed another hint that the uptrend has ended (for now) IBM and GOOG told you today.  Will there be up days and stocks that continue higher?  Of course. Just don't expect the weak ones to do anything but mess on themselves for the near term.

Thursday afternoon

Current market is the blue line.

One of my personal favorite sources of financial opinion is Josh Brown.  I stole this from him and he stole it from another site.  If you would like to get to the source go here: http://gestaltu.blogspot.com/2013/04/what-bull-giveth-bear-taketh-away.html

Bottom line:  There could be 20% more upside from here but on a timeline basis we are very near the finish.

Thursday morning

Or is that a mirror?