I had actually worried a bit that Arm was going to take Jensen Huang's eye off of the ball. That worry can now be put to bed.
Remember, the little guy is almost always wrong. When they yank money out of equities you should be doing the opposite.
The put/call ratio confirms my sense of how folks are viewing this two-day bounce.
Interesting that I've not seen a single sell-side analyst upgrade, downgrade or reiterate anything. No changes made to price targets either.
Picking a bottom is nearly impossible, but if one does not start layering in where the mud gets deep, then one ends up a bit light when the train leaves.
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.