PLUG and other parabolic stocks - IWM overlay
Not sure why it didn't dawn on me earlier, all of the stocks mentioned in my previous post like:
BYND, PTON, BLDP, FSLY, ROKU, JKS, etc
They're all being pumped up by small cap index.... that's how they're going to get RTY1! (small cap futures) to close the COVID gap. I was trying to figure out where all this money is coming from....
So if you're betting on these stocks, long or short, pay attention to RTY. The overlay is IWM (small cap index fund)
BTW, RTY is overbought, but keeps going up anyways.
BYND, PTON, BLDP, FSLY, ROKU, JKS, etc
They're all being pumped up by small cap index.... that's how they're going to get RTY1! (small cap futures) to close the COVID gap. I was trying to figure out where all this money is coming from....
So if you're betting on these stocks, long or short, pay attention to RTY. The overlay is IWM (small cap index fund)
BTW, RTY is overbought, but keeps going up anyways.
Comment:
Speculative stocks all filled the gap this morning and RTY hasn't even moved down yet. RTY is overbought.
Comment:
Bailed on my PTON puts for a small profit.
I'm convinced RTY is going to fill the COVID gap, so this isn't the top even if we get a one or two day drop.
You guys know how this works.... looks bearish and should sell off, but any sort of good news and it turns into a bear trap and goes super parabolic.
I'm convinced RTY is going to fill the COVID gap, so this isn't the top even if we get a one or two day drop.
You guys know how this works.... looks bearish and should sell off, but any sort of good news and it turns into a bear trap and goes super parabolic.
Comment:
FUtures green, I assume parabolic stocks will gap up tomorrow as well
Comment:
All speculative stocks have been tanking lately, one by one. FSLY, GSX... which one's next?