I can't wait to jump on board the crater whenever that happens. The chart just straight up needs consolidation to get that much more of a leg up. I get it that momentum can be a thing and can keep things irrational for a long time but god damn.
Yeah I just envision a high volume flush coming out of nowhere. These tiny baby pullbacks on no volume right now just make me more short-term bullish than anything. Bears need to see follow-through, as you said, that lasts more than 15 minutes.I have some long dated SPX puts as a hedge -- and will add more short term exposure when I see weakness that lasts more than 15 mins
Yup, finally a solid buy. Exciting times for sure.the constant bid underneath pot stocks is refreshing to see...quietly becoming a must own sector even among those who have shied away from it