After likely pull back. So far this morning,every stock I've checked has had a YTD run up,and I feel a sharp correction is due,followed by a summer rally. Cash Is King right now,however,appearz to Me that ECA might have had the last of the Fartez Sniffed Out of Its" Cushionz,and could possibly render a 10% gain short term,possibly more,depending on how big of a hit during next sell off. A delayed Sell In May phenom could strike this week.
I agree, the hot money on highest margin in history is delaying sell in May to squeeze last nickel out of retail who turned bullish after 150% increase in market. I check order book on stocks I scalp and I'm seeing (4) yes, FOUR shares on the bid, even (1) maybe (21), pathetic, this is retail that managed to save $500 and is now going all-in. For his/her slaughter. Just an observation.