|Day Low/High||4.78 / 4.99|
|52 Wk Low/High||1.59 / 13.25|
Look for this bounce to slow down quickly and some weakness this afternoon.
Here's what you need to know for Friday, March 2.
I think we'll probably see some shifting in the tariff policy over the weekend, giving the market some relief.
I'm focused on managing positions and am doing very little new buying at this point.
It is very easy to force trades in this sort of environment.
The good news is that there is some stock picking that is working well.
Here's what you need to know now for Wednesday, Feb. 14.
It's hard to believe the bounce will continue to run in V-shaped fashion.
It is a very different market environment now which can be very rewarding depending on your style.
If we have a little consolidating action here the buyers will start pushing again.
The big question right now is to what degree should you be looking to take positions in individual stocks you may like.
It is a good way to make more concentrated bets but to still have some level of diversification.
The best thing you can do right now is work on shopping lists of potential buys.
I don't want to spend too much time focusing on market timing as it is much more profitable to focus on stock picking.
What drives the trading action are structural issues, not macroeconomic news events or political drama.
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