Short note on market!
Hey, how’s your day? Writing this from Orlando, Florida. Was supposed to be in NYC this morning but after a 6 hour delay and cancellation city, enough was enough.
Just letting you know, markets are about as extended to the downside and oversold as they get on a short-term basis…but only on a short term basis. This could lead to some violent back and forth action, especially on the bouncing up side. But be careful. Lots more damage has been done to the internals of the market.
More this weekend.