|Day Low/High||1.93 / 2.02|
|52 Wk Low/High||0.56 / 4.13|
It may be tempting to try, but fading strong Monday's hasn't been a good strategy lately.
It is two totally different markets when you compare the small-cap action to the big-cap indices.
We are seeing a focus on finding smaller names that may offer interesting valuations and stories.
Best opportunities have presented themselves in momentum names that are taking sharp hits.
Right now the buyers are reluctant to dive in and chase strength.
The game plan is to spot the charts that have more room to run.
Whether this market continues to bounce is going to depend a great degree on the FAANG names.
4 stocks on my shopping list for when conditions improve.
Stocks haven't shown this much weakness since 2016.
Most investors focus on fundamentals, buy-and-hold thinking and look to 'experts' to guide them.
You have take advantage of the trading opportunities even if a downtrend may be emerging.
Right now this is a market for stock pickers and not timers.
This market needs a rest and the action in individual stocks looks weaker.