Still holding my long position but not adding any in case it goes further oversold Monday. Probably would have bailed if I hadn't gone out to lunch, but too late now, lol. Small position so I just let it ride.
Might be worth a stab if you don't have a position. Not gonna short anything since it's oversold. If I had to choose though I'd probably short RIVN because the lockup period ends Monday.
I would stay away from garbage stocks though, they all look really weak still. Pick something that actually beat on earnings and went down after an initial pop. I like AAPL and PCAR, but I mentioned that earlier today.
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All depends on what Europe does Monday morning....
The market is acting all ass backwards, it looked like funds were buying AAPL but futures kept selling off and hit oversold twice on RSI today.
I think we get a one or two day bounce, market usually doesn't go straight down plus a few stocks managed to go green today. Plus the algos always make their money, so somehow they'll figure out a way to get their money back from the Wed pump.