Yes, this exercise in pulling back is boring, but it's how we work off the overbought reading and complacency.
I'm long HD. Despite today's drop, I do not yet see this as a buying opportunity.
We have lowered our near-term outlook.
Let's break down how the past week played out, and see what's likely ahead.
I'm looking for a sell-the-news no matter how good, but I don't want to risk a ton of capital here.
Pursuing stocks that are extended may prove regrettable.
I'm long MRNA and have been since the beginning of the pandemic.
Timing can be a fruitful exercise, but it is more useful as an investment tool, rather than a trading tool.
Here's when I'd be a buyer of these stocks.
The only expectation that I have for now is a near certainty in increased volatility caused by several factors.