Seems more like liquidations... be it forced or margin or
hangover from banks who got blistered from Archegos. Or the pure
negative consequences of ETFs...hedgies sell SMH so ALL get sold
off. AMD perfect example. The DKNG dump seems more forced than
not...maybe sell-stops hit. Divergence between DJIA and QQQ too
much Nifty 50 for this oldtimer.
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Seems more like liquidations... be
Posted by profmel on 10th of May 2021 at 11:21 am
Seems more like liquidations... be it forced or margin or hangover from banks who got blistered from Archegos. Or the pure negative consequences of ETFs...hedgies sell SMH so ALL get sold off. AMD perfect example. The DKNG dump seems more forced than not...maybe sell-stops hit. Divergence between DJIA and QQQ too much Nifty 50 for this oldtimer.