A knee-jerk reaction in the NASDAQ. The Dow continues to trade higher. many NASDAQ stocks opened lower but are currently trading above where they opened. The market is still very sector specific. It looked like the electric vehicle sector was picking up strength yesterday. Today many opened lower in that sector but starting to move up slowly again. The Robin Hood short squeeze stocks, GME, AMC appear to be picking up strength again.
March 12th Market Direction
A knee-jerk reaction in the NASDAQ. The Dow continues to trade higher. many NASDAQ stocks opened lower but are currently trading above where they opened. The market is still very sector specific. It looked like the electric vehicle sector was picking up strength yesterday. Today many opened lower in that sector but starting to move up slowly again. The Robin Hood short squeeze stocks, GME, AMC appear to be picking up strength again.