Is Santa Here or Was Tuesday Just Another Short-Covering Rally?
A lesson on Tesla. Trading ARKK, PG and AAPL.
Our View
The last time I was overconfident, the ES rallied 150 points and then puked as the headline algos took over the tape. The market has given bulls several false “go” signals over the last few weeks.
Perhaps without all the Covid headlines we would already be trading at new highs, but there are no shoulda, woulda, coulda’s in trading. It's all in t…