Yesterday let the air out of a bunch of high flying tech stocks… And today markets are back up past where they were the day before.
That’s a market that doesn’t make sense.
But when you have the kind of move, you need to realize that volatility is increasing.
A perfect example of that volatility: Two days ago, I saw the biggest move I’ve probably seen in my life in one day.
Look at ARM. Billions and billions poured into ARM.
And as a result, it spiked up 35% in one day!
Less than that — in just a few hours.
Of course, it didn’t hold up, because nothing that moves like that can sustain itself.
But the point is that there is such massive amounts of money being deployed in such dramatic fashion.
And what happened to ARM is just an example of that.
Stay tuned. I’m working on something to take advantage of exactly that kind of activity.
Trade well,
Jack Carter
