Traders have reversed gears from being aggressive buyers to aggressive sellers.
Let's see why BAC might be a buy amid fears of an interest-rate induced recession.
Let's review the charts and indicators.
Some market observers seem to be waiting for a shoe to drop.
As for upside catalysts, COST potentially has two. Neither appears to be imminent.
Charts slide further and lack reversal signals.
It's time for investors to keep it simple and keep it safe.
Proceed with caution.
Hong Kong and Taiwan declare an end to the mandatory hotel quarantine, while Japan reopens to all travelers.
I'm also studying the S&P 500 and Nasdaq Composite for how to proceed.