It appears the market has lost all appetite for money losing "growth" stocks that aren't growing. My trade strategy is still valid, short garbage on any pops, they can pump futures but they can't make people buy. Let the algos hold the bag.
I think every garbage stock is going to SFIX it's way to single digits, just gotta avoid the pumps, remember the 3 day short squeeze rule (today was the 4th day, lol)
Euros are bullish and could pump futures, but I don't think gap direction matters if today is any indication. I think the market will be oversold for the Fed press conf Wed, so avoid holding a position Wed afternoon regardless of trend pattern.
This drop has nothing to do with Russia, it was DOCU that caused it. I expect a follow through Monday, though it might reverse in the afternoon. Liquidity for crap stocks disappearing quick, look at AFRM, SMSI, DOCU, etc
I think every garbage stock is going to SFIX it's way to single digits, just gotta avoid the pumps, remember the 3 day short squeeze rule (today was the 4th day, lol)
Euros are bullish and could pump futures, but I don't think gap direction matters if today is any indication. I think the market will be oversold for the Fed press conf Wed, so avoid holding a position Wed afternoon regardless of trend pattern.
This drop has nothing to do with Russia, it was DOCU that caused it. I expect a follow through Monday, though it might reverse in the afternoon. Liquidity for crap stocks disappearing quick, look at AFRM, SMSI, DOCU, etc
Ghi chú
Oh BTW I'm shorting CHWY again, lolGhi chú
I think CHWY has more room to drop since it already did the rebound today.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.