James "Rev Shark" DePorre
Recent Articles By The Author
There still is little reason, based on the charts, to ramp up longer-term positions.
Tesla will be an interesting test of the market mood Thursday.
Here's my best advice to traders and investors as solid earnings news is not spilling over to the broader market.
Tesla reports after Wednesday's close and will be of particular interest as Elon Musk may need to liquidate shares to fund his purchase of Twitter.
We'll know when a real market recovery starts to develop because the focus will shift to stock picking.
Rather, it is a combination of structural factors that is producing the move higher.
Let's see if the bulls can generate a little more sustained momentum this time.
This is an ugly bear market but some relief from the negative sentiment should occur as we head into major earnings reports.