{+++} The mess continued in momo land today, but the selling seemed a bit more tepid. Maybe the sellers are drying out a bit.
Names like NFLX, WDAY and TSLA continued to be under pressure. I think NFLX could get a bounce soon. Way overdone.
The solar stocks finally caught a bounce. Many etf’s were still red, biotech was actually one of the better performers on a relative basis.
We could be ready for an oversold bounce soon, right now the knife is still falling.
I added TWTR as a long to the P&L today (1/2 position). If it dips I will let you know when to add, if it trades higher we will average up to a full position.
See you in the morning. The ides of March were brutal.