Rally continues. The market feels crazy now, the sensible thing to do is to wait for pullback. Today, every stock on my watch list (vested or not) jumped on high vol.
But based on the market depth (stocks above 20c making 1 months highs) the rally could go further, if compared to the last two rallies in Apr-May and Jul-Aug:
7 of the top 20 vol stocks are below 20c. 2 below 10c. My guess is that we are still in the middle of the rally.
If everyone else is waiting for the pullback, it won't occur.
I am only 42% invested. What should I do?
10 Sunday Reads
3 hours ago