The longer the Nasdaq remains below the 200-day line, the easier it becomes for risk managers to compel portfolio managers to reduce exposure.
The outright removal of potential liquidity from the economy earlier than expected scares the living heck out of everyone who understands.
As in a defined outcome ETF, which synthetically reproduces an underlying security and lays on a spread to act as a risk buffer.
After a huge drop in recent weeks, these shares look oversold -- and an insider seems to agree.
Positive news on Omicron is more powerful at the moment, at least for the markets, than the overhanging probability of tighter monetary policy.
Whether panicked sales over these past few days, especially Wednesday, prove to be either the 'fast' or 'smart' money remains to be seen.
I'd like to spin Monday's action as bullish but with what's going on under the hood, it is hard.
Try an options strategy while waiting for the gap to fill in this name.
When the supporting indicators are not in sync, something is amiss and bound to crack.
I prefer spreads as individual calls and puts can be a bit pricey.