Markets are accommodative so I am leveraging long in a bold attempt to erase losses of 150bps. I have accomplished that, so far, more or less breakeven now — but I still have many positions and the day isn’t over.
Big movers in the NFT space, namely TKAT, OCG and DLPN has provided me with an avenue to trade. I am cutting losses faster than gain, ensuring my current holdings are only trending up.
Short squeezes also look good, and I suspect there will be a nice run into the bell.
Inside Stocklabs will breakdown indices by market cap and it’s revealing. Tera Cap -0.2% for the session, while Pennies are +1.6%, indicative of what we’re seeing today — the polar opposite of yesterday.
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