So far I’m seeing gains of just under 1% today, clearly led by HCLP. UEC is staging a recovery (I hope), but CCJ has turned lower.
The multifamily REITs AEC and MAA are digesting some of the latest move higher.
But I’m happy enough with this – we had a good day yesterday and every minute we aren’t collapsing is another minute the bears can tremor, thinking about the last five years and what their short selling addiction has gotten them thus far.
I’m not ruling out more volatility just yet – the NASDAQ has dispensed some horrendous fortunes – but I am constructively optimistic about my own.
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Not getting the feeling there are any bears to tremor. Look at what is going up. Blue chips being bought by the boomers sounds about right. Retail is getting and has been getting back in.
True.
I suppose a boomer scared bullish is as good as a terrified bear, in my book.