Just a heads up $afrm looks to signal sell maybe Tuesday on Demark as red 13 signal should go then. Will let everyone know. The stock seems to defy analysis or logic so maybe price exhaustion? We might try it on the signal. We shall see.
Today’s jobs report was weak yet bonds are selling off. Confusing? Yes! We intend to let this settle out a few days before committing to “what’s next?” Seasonally we favor $iwm long and typically $qqq but think $iwm makes more sense here and $qqq maybe needs one more rinse.
Rob’s Educated Guesses