Snap “Snaps” Momentum. Can the S&P Hold Its Ground?
Everyone is searching "the low."
Our View
Everything feels so fragile. The ES rallies almost 200 points and then falls 110 points in less than 24 hours. The sell off was 100% tech weakness after SNAP ‘snapped’ and took down Meta, Alphabet, Roku, Facebook, Twitter, The Trade Desk and more.
I told the PitBull that we should expect more Snap-type warnings in the future.
The NQ is on pace fo…