My goodness do US equities look like absolute dogpoop . I just scrolled through about 100 charts from the S&P500 and seriously found 1 stock in an uptrend and 2-3 that looked like it found actual buyers and not just short covering bounces.
It is the worst I have seen since Jan of 2016 during that bear market (and this is worse). The momentum names have been hammered down and the largest ones can’t even bounce such as AAPL, FB, etc.
These names have been killed and some cases down over 40% and they can’t even bounce?
In markets like this TIMEFRAME is
Add your Scripsio!
Comments