|Day Low/High||9.38 / 10.29|
|52 Wk Low/High||7.07 / 15.39|
The most fascinating trading is in Digital World Acquisition which is a SPAC that announced a deal with Trump Media.
Pockets of momentum are narrow Tuesday as rotation continues.
Growth Stocks led the market on Monday, but breadth was negative as small-caps lagged.
Do you formulate a strategy when you enter a trade, or do you just hope for good luck?
It is still early, but the character of the market action shifted on Wednesday, and the potential for a new uptrend is increasing.
And there isn't much clarity.
While there is plenty of bearish macro talk, traders still have plenty of cash they want to put to work.
The question now is whether the lows that were hit on Wednesday morning will serve as short-term support as we move into earnings season.
This is a dangerous market right now for thinner stocks and expensive growth names.