James "Rev Shark" DePorre
Recent Articles By The Author
FAANG names have been favorites for so long the exits were very crowded as many big funds tried to flee.
It's a good market for scalping but not a good time to be building big position trades.
I suspect that there is a good chance that the Mexican tariffs never go into effect.
Don't be surprised to hear news before the open on Monday that progress is being made.
This could present great trading opportunities down the road, but expect short-term pain as the market tries to quantify the impact.
The action Thursday did little to change the big picture.