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.
Let's look at this giant, sideways churning market and what's behind it.
Plus, we take quick looks at the charts of Apple and Tesla to discern what may lie ahead for those stocks.
The banks are parking large amounts of dough at the Fed every night. Last Friday's number was the highest single day total since 2017.
Canada made the developed world's first moves toward normalizing monetary policy coming out of the pandemic, despite the fact that Canada does not seem to be flattening its own curve.
I find this action most likely to be less than sustainable, without provoking an algorithmic counter. In other words, don't just be nimble, but tread softly.