Further volatility came into the market this week, with sovereign debt downgrades, earthquakes, and more North Africa voodoo. There were some technical conditions that presented themselves on Friday that lead me to believe we will most likely retrace into the distributive range, and as we head into March opex, we should get a pretty good feel of our intermediate term direction.
In this week's Stocktwits Brunch, we go over the current macro conditions, and a look into how other commodities may trade over the next week. We also look over the Stocktwits 50 and how there has been a rotation into specialty retail, many of which are setting up.
Watch the show below: