Wednesday, February 3, 2021

WSB squeeze over, sound the all-clear?

Mid-week market update: The fever on the r/WSB squeeze has broken. As well, the elevated nature of sentiment readings has begun to normalize. Does that mean the correction is over?


In the past few days, I have had an unusual number of people ask me that question. My answer has been, "In the words of technical analyst Walter Deemer, when it comes time to buy, you won't want to."

Do you still want to buy?

The full post can be found here.

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