Let's look at the charts and indicators to see what they look like.
It's okay to take some profits on TME but don't be surprised if the stock makes additional gains.
The best move here is to stay focused on stock picking but manage positions tightly.
If we didn't know where the algorithms that now control the point of sale were lined up before Monday, we sure know now.
The main issue facing the bulls right now is that there isn't much support on the chart.
Bulls believe the positive impact of a U.S.-China trade agreement has yet to be fully priced into the market; bears disagree.
Here are a host of stocks that will benefit from a deal, and why you should pick them up on a selloff.
The market keeps barreling ahead in anticipation of a China trade deal, leaving bears on the losing side.
Investors can take MSCI's greater inclusion of Chinese stocks to the bank, and it provides strong support for China's stock rally. Trade-deal prospects look poor, though, after the failure in North Korea.
MSCI will quadruple its weighting of mainland Chinese shares, boosting the Shanghai 50 index overnight.