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Markets Close On Thin Ice
But the rotation continues
Markets Close On Thin Ice
By Don Kaufman
Holy smokes…
If you blinked yesterday, you might've missed one of the wildest market rides we've seen in ages.
We're talking about a full-on tech massacre that would make Freddy Krueger proud, followed by a small-cap surge that's got the Russell 2000 doing backflips.
And all this on a day when inflation numbers came in softer than a kitten's paw – usually a surefire recipe for a tech lovefest.
But no, sir!
The market decided to flip the script faster than a short-order cook on Red Bull.
"But Don," you might say, "the dip buyers swooped in today like caped crusaders!"
True, true. But we saw some heavy selling in the last hour of the trading session.
Let’s face it, the rotation we're seeing right now is enough to give you whiplash.
I'm about to show you some charts that'll make your eyeballs pop. We're talking seismic shifts that would register on the Richter scale.
And don't even get me started on the options volumes – we're in uncharted territory, folks!
Want a sneak peek? Just feast your eyes on what's happening with the Russell 2000.
It's like watching David take on Goliath, and this time, David's packing heat..
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