|Day Low/High||6.53 / 7.13|
|52 Wk Low/High||1.04 / 8.88|
I don't recall a market where sentiment among traders was this negative while the major indices have been so strong.
I'm hoping that we see some more rotational action rather than a broad market correction.
I'm currently heavily invested in several stocks that are drifting around as I'm quite confident that the eventual catalysts will come.
My general strategy with a stock that I think has a bright future like Enthusiastic Gaming isn't to just buy and hold shares.
Market players will often waste their time trying to find explanations for why the stock that was up yesterday is down today.
Traders have to move very quickly to stay ahead of the game.
There is so much going on right now that it is overwhelming.
Some mixed action is favorable as it sets the stage for a more aggressive push higher next week.
Momentum is nowhere near where it was a few weeks ago, but there are a couple of dozen stocks up more than 10%.
This quiet action is what the market needs after the volatility of the past week