Shares of United Technologies (UTX) have plunged sharply. There is lots of hand wringing going on. I sense blood in the streets of Farmington, Connecticut and Waltham, Massachusetts. Let's take a cleansing breath and take a look at a few charts and indicators.
More from Investing
Yes, you could make money up and down the market simultaneously, and here's how.
Liquidity, FOMO and a short squeeze are driving market action.
Breadth deterioration is potentially problematic.