If the stock fails at the pivot, we could get a nice run lower here.
There have been some positive developments.
We've never unwound a close to $9T central bank balance sheet before, let alone do so as the entire economy skates on the thinnest ice seen in these parts for quite some time.
I'm more than prepared to play this name from the long side for trading purposes.
Traders should be used to the volatility by now.
It appears many market participants are willing to take on risk at the worst possible time.
If Elon Musk proceeds to buy Twitter, he would surely face censorship pressure stemming from Tesla's Shanghai factory, as Steve Wynn's experience shows.
The threads of Musk's TWTR bid have been laid bare for the past two weeks.
Investors are asking, does the pullback create an opportunity as Elon Musk holds open the cage door?
Things could get nasty.