Honestly I am going back to small caps...
Blowout earnings for all steel producers, all tanked after earnings, with CLF im sure to follow suit tomorrow at the open with negative outlooks for HRC prices going forward.
Alcoa Corp at least got a good pop and then fade.
Tech sector looking weak, semi's are lookin good but they are back to prior highs, 10Y is inching up, wouldn't be suprised to see 1.7% tomorrow.
With all that weakness, high risk for miniscule gains, just gonna ride the pump and dumps for small caps until we get a nice dip because we need it.
Im sure I wont be the only one with this mindset and there will be plenty of opportunities for low float pumps with all that cash just sitting around waiting for something.