The market pulled back this morning, now trying to re-gain some…
ground but still in the red. We’re seeing a few stocks taking a beating in a quick way!
We all know manipulation occurs on a daily, but sometimes it’s too obvious, like $SMTC. MM’s just playing with retail this morning. $TEN has been a falling knife all morning. $GCO tried to make a run after its gap down, MM’s scooped up some breakout chasers, just in time to pull the rug out from under them. Dumping more shares onto the market.
$EBS continuing its day 2 fade. $W had a solid 44% run the past 2 weeks, but showing another day of weakness, down over 2 1/2 points.
$DOMO had a solid gap up and took out its resistance, but retraced back to VWAP looking for a round 2.
7 out of 11 sectors in the red with Materials leading the pack.
