Kunal Desai Last week Bob the Bear undeballed himself (if thats possible) and came back with a vengeance. He left the house for the 1st time in months wearing his finest suit, waved good bye to his wife and kid, telling them he is going to work. But this time for real since all he had been …
Well we are right back at the exact same spot we were last week. The S&P has regained its 50dma with some thunder today. The buy the dip trade is still intact. A little more sloppy this time with a lot more panic but we are right back where we started pretty much. …
Today is a bloodbath…bulls are getting deballed right and left. But this is why we take profits and raise cash when the market gets frothy and overbought. In hindsight this dip was obvious the level of carnage has totally caught me off guard and surprised me. In @copperstl ‘s weekly email report she mentioned the …
Cool, calm, and collected.
well the selling is fast and furious here. Investors are moving their money from smallcaps to the “safe havens” aka $goog and other crap like that. There is no way to spin the action on a technical level. Its ugly and the vol pattern spells trouble. I think the only positive thing is that …
Market looks likely to continue sell-off in the short term, but GDP and earnings reports could change everything. Definitely a week to stick closely to your trades.