Let put it this way, tomorrow is when options expire, when people want to cut their margin loses. So there will be a high chance that the sell-out might happen again. This morning, the Fed still couldn't come up with a realistic solution rather than "old school" style one (pumping money inside the market). This only a temporary relieve, however, some people saw it as a bait-out signal and they ended up sold every thing.
However, please keep in mind, the bullish trend will come back pretty soon, judging by the way people reacted. The market is becoming oversold.
Also, avoid airlines stocks, because some of them might file for bankruptcy, for example: MESA Air Group. Bank stocks are also being punished by low interest rates.
CHGG is still a good pick, since most of the school or universities are switching to online learning.
CODX, INO for vaccines. But I refer trading on these.
TVIX, the meme, almost peaking.
However, please keep in mind, the bullish trend will come back pretty soon, judging by the way people reacted. The market is becoming oversold.
Also, avoid airlines stocks, because some of them might file for bankruptcy, for example: MESA Air Group. Bank stocks are also being punished by low interest rates.
CHGG is still a good pick, since most of the school or universities are switching to online learning.
CODX, INO for vaccines. But I refer trading on these.
TVIX, the meme, almost peaking.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.