Stocks Give Up MASSIVE Gains To Finish Lower -- RISK OFF SIGNAL?!?

Stocks were sharply higher on the day but then suddenly gave back all of those gains to finish lower. Here's what may have happened.
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Charts used with the permission of Bloomberg Finance L.P. This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.

[@Themarketchronicles]

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[@tj86xj]

Purchase on a computer, or will mobile purchase work?

[@amoghm4383]

amazing analysis nobody tells this

[@jonathanmarsh9752]

I am in trucking and logistics and I can say we bottomed in March. Not sure if this increase is a sign of a pickup from bottoms or seasonality due to produce season.

[@mjbucar]

Thank you for your insights Mike.

[@jonathanmarsh9752]

commodity prices picking up is extremely alarming tho

[@Themarketchronicles]

Yep

[@reddy4450]

All we will get is a higher low.

[@cvrart]

ELF was down after hours on Wednesday, while SNOW was up after hours. But, today, ELF was up BIG TIME, while SNOW was down. Surprise swings from previous day's after earnings trading. Very odd things going, likely driven by options mechanics.

[@muzehack]

There can be only one. NVDA is draining the life force from the rest of the market.

[@buffaloBean]

Who wants to live forever?

[@evanhayes5891]

Seems like the opposite

[@chizzlemo3094]

When big moves happen like this do you think it could just be one very big SWF or Hedge Fund selling a huge chunk? or the PMI was enough to bring a broad wave of sellers?

[@tbn115]

Neither it’s algorithms playing news cycle for liquidity - retail / hedge / institutions are just side players

[@italianmiltyfriedman6264]

The bears were only playing dead apparently

[@mjrenn0000]

Good work

[@blank-964]

thanks

[@Themarketchronicles]

You're welcome!

[@Themarketchronicles]

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[@jasonfry5846]

All this GPU, AI and war production is sending manufacturing up, way up.

[@John_thetrader]

nice