Let's review the charts and indicators.
Let's look at Draftkings as it approaches earnings.
No one likes seeing a name they hold decline in value.
This trade is essentially a stock replacement strategy.
Many seem to be oblivious to the two-tier nature of this market
Have the charts improved over the last few months?
Here's where aggressive traders could go long.
Right now it is institutional buyers steadily purchasing big-cap names that is driving the action.
These results were in fact excellent when considering the inconsistency of pandemic induced economic shutdowns and several other factors.