I said a couple of weeks ago that we could melt up like last July, pattern now looks similar. Buy the dips I guess, we should see one soon.
Not sure there's any money to be made shorting anything, might as well buy the dips.
You know the market is in trouble though when WWE goes down, lol.
The retrace is pretty much over (except a few stocks like AMZN and AAPL), the market is going to have to earn any moves up from here. Expecting a lot of whipsawing.
Couple of earnings play for tomorrow (regional banks), other than that I'm out of the market.
Looks to be another pump and dump, we'll see.
The only thing that makes sense is some rotation from large caps and Dow stocks to small caps. There are some value small cap stocks, I'm not holding any long term though due to liquidity issues.