Anyone who jumped in with both feet is now feeling a little pain after the averages slowly retreated into the red yesterday.
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Positivity from yesterday’s Fed announcement wore off this morning after a huge global selloff. But there are some huge tech earnings on deck for tonight that could completely change the tone.
In Sunrise Profits, Greg takes in some profits ahead of the weekend.
In this Sunrise Profits summary, Greg comments on earnings season. Plus, he tracks a trade from the end of last week and decides to sell, resulting in huge gains.
While the market’s down, this is by no means a washout. We’re already starting to see tech outperform by a significant margin. The “reopen” stocks that were so popular over the past few weeks are the names getting hit — but not our trades!
The theme this morning will be the search for strength. What’s holding up (or even breaking out) as the averages slump?
In this Sunrise Profits summary, Greg gives commentary on the market’s open and recommends a new sell.