Of particular note is the AM Rise, PM Fall pattern of the last 2 days.
This is a common pattern in weak markets because market participants are anxiously awaiting a tradable rally and become discouraged by early afternoon and exit in droves.
So, we are trying to be extra cautious about "jumping" on any old opportunity.
That being said, there are a lot of bargains out there as there is no shortage of stocks that have dropped as much as 30% in the past few days alone.
We are aware of a couple of stocks that we follow closely that are starting to indicate buying support.
But as usual, let's see what the market has in store for us first.