After gapping down pretty big this morning, the market is coming back. Here’s this morning’s StockTwits buzz:
Mr. Flexible aka @thinkingtrades makes some excellent points on the recent action. His second point regarding a market comeback today being dangerous is especially interesting because thats what we have done:
There are some big problems starting to show up in China, such as inflation. Starting to see articles like this saying that China is entering a bear market.
$SLV and $GLD keep rocking. Was a big StockTwits Idea of the Week. Might want to be a little cautious here as things might be starting to get extended.
It’s not going to be as easy to be a bond manager over the next 25 years as it was the past 25 years:
$DF has been slaughtered the last few days. @hedgefundinvest lays out the case for a potential buy on the dip:
Many forex traders are watching the UK Election Deadlock carefully for direction on the $GBPUSD – which has started to rally this morning.
Lawsuits against banks appears to be a trend in the financials, in this case $BK. You may want to tread carefully with these names.
People are still looking for the bottom in Natty $NG_F