Growth Stocks led the market on Monday, but breadth was negative as small-caps lagged.
Bears always sound smarter than bulls. Pessimism sounds profound and insightful, while optimism sounds shallow and naive.
Even though some stocks have quickly become extended, there is likely to be much better support on pullbacks.
Plus, an FDA advisory panel gives a unanimous boost to a Moderna booster shot and Boeing slumps on a negative news report.
Some technicians believe the market is back in a confirmed uptrend, and underinvested bulls are trying to put more cash to work
The real issue is that they don't know and are just hoping that "inflation is transitory".
Let's look at the moves in this bitcoin miner, Hut 8 Mining.
Why bitcoin is down? We should look at the economy, the Fed, China, risk management and how they are all connected.
Even bitcoin's biggest bulls realize environmental concerns could curtail adoption. But is there an answer?
Here is my trading game plan for the cryptocurrency miner.