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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Tweets Boar Hog who wrote (1268)8/4/2021 5:13:57 PM
From: yard_man  Read Replies (1) | Respond to of 4397
 
I wish I had some magic. The $SOX seems to be whispering: it's lonely at the top.

But there seems to be no technical sign of a top yet, just very sloppy price action.
That's not enough to call a top.

OTOH ... volatility is cheap, relatively speaking. So speculating on a top doesn't cost much.

I'm short indu, rut and bkx ... to hedge longs, but will punt if we rally hard from here.

Still like metals in spite of silver ugliness today. Might change my mind tomorrow.
Some specific stocks look really bad. HL for instance.