Sprint Corp. (S) is the Stock of the Day at Real Money after a U.S. District Court judge ruled in favor of Sprint's planned merger with T-Mobile US Inc. (TMUS) . Sprint's stock price was up nearly 75% at Tuesday's market open on the news, so let's check with the charts and indicators to see if there is a common sense strategy to suggest.
More from Stocks
The next good sized bounce in SPAC names, and maybe ARKK names, might be the last exit off the bagholder highway.
Let's look at bonds, rates and, especially, inflation for a true picture of what's going on, and where to put your money.
Picking good stocks is not going to help you much in this market right now.