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home / news releases / SMLL - Of #FOMO And #OnHold


SMLL - Of #FOMO And #OnHold

Executive Summary:

Stocks remain overbought, sentiment remains at extreme levels, and IMO, complacency has set in. And yet, the S&P 500 and NASDAQ indices continue to march higher on a daily basis. As such, the bears are sure to be asking, how can this be? From my seat, the answer is simple. As we've been discussing for many weeks now, stocks appear to be enjoying a "good overbought" condition, where the market gets overbought and stays overbought - until the bears can find a meaningful catalyst to cause some real selling. Until then, it appears

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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