I would consider SNY a hold at this point in time.
Plus, there still are hordes of people filing for unemployment assistance.
For several reasons, V-shaped bounces have become the norm recently.
Though limited for now, Amazon's Luna cloud gaming service has some selling points.
The wholesale club's business model works great with or without a pandemic to aid it.
So, is this a good time, or a bad time to buy stocks? Yes, and yes.
The old Wall Street adage is that we should sell before Rosh Hashanah and buy before Yom Kippur, but does that line have support? Let's see.
The danger of further downside looks high, despite the bounce.
Recently praised by Jim Cramer, LYB shows the promise of a turnaround situation.
The October bullish put spread sale opportunity here presents an attractive risk vs. reward.