Daily Note

FOMO With Mega Cap Is Back

Apr 5, 2021

Thomas Thornton

  • FOMO is back as the last two days has the left for dead mega-cap stocks up 3.5%
  • Sentiment is back to extreme and there are some important DeMark signals in play
  • Tom DeMark is having Jim Cramer tomorrow talk about some things he's seeing - I have a couple of guesses what will be discussed
  • Mixed internals 
  • I still like financials and consumer staples - and I'm adding a new long idea 
  • On this note:  bonds, currencies, a few commodities
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