Here's what a real selloff looks like intraday. This is we've built a warchest of 50% cash. A cash warchest is a win/win in any market scenario. If the market continues to go down, we have the cash available to invest in deep value stocks that have been oversold. If the market continues higher, we invest in momentum stocks that are leading the charge. This is why #cashisking Volume leaders in stocks are #AMC #PLTR #GME #NOK so the roaring kitty trade (or meme trade) is back. The volume leader in ETFs is #VXX which is not surprising. #UVXY has the biggest volume change over the past 10 sessions along with #SQQQ, the ultra-short QQQ ETF. From the volume trends, it looks like there's more downside to go.
