|Day Low/High||44.11 / 46.70|
|52 Wk Low/High||6.70 / 146.16|
Quite a few stocks are fading right now -- not due to poor fundamentals, but due to lack of buying interest.
It's almost always better to sell into the greed of the market than trying to ride a greedy nag yourself.
We have little choice but to respect the price action above all else.
I see no reason to put much money into longer-term positions right now, but here are some of my biggest positions.
This argument of fully discounting the economic damage that has been done is at the heart of the current market debate.
The bulls are hoping that this dead cat bounce transitions into a V-shaped bounce.