You have to be long this

Monica Kingsley Monicakingsley

S&P 500 attempted one more flush right after the opening bell (led of course by Nasdaq), and I insisted to clients such a panicky selling was a gift to be bought, in ES of course as tech was and still is about to lag – it‘s not so much about ORCL poor earnings (reception), or great AVGO (reality of a new leader) ones, it‘s about rotations, and these are very much alive and kicking.

Even before FOMC, smallcaps were in pretty good shape, and Nasdaq is still to lag, go back and forth, without repeating early Thursday‘s scary undershoot – these days it‘s about ES and of course the one already making ATHs, the Russell 2000 as the below Trading / Stock Signals taster says.

Author

Monica Kingsley

Monicakingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020.

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