iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Walking it Up and Down

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Here we have a 15-minute IWM ETF small cap chart stretched back several days, illustrating the wild price swings we have seen of late.

In particular, today’s action has featured violent moves, with some selling coming back into the market just now. We have yet to see resolution from the consolidation after an initial snapback rally last week. So, I am staying extra nimble with a tight leash on all positions.

While Apple continues to shine, I still do not view the stock as a market leader. Marquee names like NFLX UA are being sold down after reporting strong numbers.

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IWM

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3 comments

  1. CypSteel

    chessNwine…I didn’t take your HSY short, but did you see what it did today? Hopefully you acted on that….

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