Behold [[KEX]]
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It is only a bear trap if you believe that they can maintain earnings. I don’t.
Link, if you were short KEX, overnight last night, then you were indeed caught in a bear trap. I hope not though.
Volume today though was massively bullish.
One thing’s for sure, it sure likes to make wild swings.
Oh no, LOL, not involved. They have had the steadiest of ramps for the last few years. Very impressive. The question is, can they maintain that phenomenal earnings growth in the face of a much anticipated economic slowdown?