The market's catalyst had everything to do with the virus... optimism that humankind might stuff that scourge back into Pandora's box.
Let's look at how headlines can make buying opportunities, especially with names like Ebix.
Here's my theory on how this was done.
Has the shift from loving tech stocks to hating them come full circle?
Stock pickers are back, and they working on short squeezes again.
Let's see what it would take for inflation pressure to keep building and for the Fed to start hiking -- and what both would mean for investors.
Including dividends, we see the potential for 11.4% annualized returns for this stock.
These calls are going to end up in the money.
This game being widely played right now is part of the reason it is so easy for new SPACs to keep raising money.
Time to review the charts and indicators.