Another Look at Snowflake as the Seasons and Charts Change Risk levels - stop loss orders - should not be ignored. Stocks quotes in this article: SNOW
This Monday morning, Jim Cramer writes about The Disastrous Acceptance Stage Has Hit Individual Investors . He points out that what crushed the individual investor was a lack of diversification. He notes that most of it came from being in the same kinds of stocks, the highest growth stocks like Snowflake ( SNOW) or Zoom ( ZM) or DocuSign ( DOCU), or the cannabis stocks which stopped going higher or the SPACs that could be the Tesla derivatives because they were involved in electric vehicles.
13 Stocks on My Radar Amid a Wall of Worry The action so far looks to be driven more by fear of being left out than euphoric chasing.
Apr 05, 2021 | 11:07 AM EDT
We are off to a strong start Monday morning on better than 2 to 1 positive breadth. Although bonds (TLT) are weaker this morning, it isn t a problem for buyers so far. It is likely that concern about higher rates and inflation is creating a Wall of Worry dynamic for the market.
The way a Wall of Worry works is that buyers hold back due to a particular worry but when that worry doesn t have any significant market impact, buyers start to put more cash to work. That incremental buying causes more upside and then creates more worry about falling behind and thus produces more buying pressure.