James "Rev Shark" DePorre
Recent Articles By The Author
It's dangerous to have too much exposure now, but the potential for a good recovery is there once interest rate issues are digested.
It's premature to predict that a low has been made, but plenty of stocks are quite washed-out already and are starting to find support.
The good news is that this action is what is needed for much better opportunities in the future.
When you are losing money, the best thing to do is to stop losing money, and the only way to do that is to sell.
This can be a good environment for aggressive trading, but it's important to stay selective and disciplined.
Stock pickers are back, and they working on short squeezes again.
This game being widely played right now is part of the reason it is so easy for new SPACs to keep raising money.