Mar. 6 at 6:29 PM
$BBAI 1:15 pm ET update: interesting session; 'our' favored tickers almost all up despite S&P down and
$90. Oil. I will elaborate more in my weekend Briefing.
Many stocks are doing wild patterns today; sort of round-trips... it's not a mess... stay calm... look at
$ONDS,
$UMAC or
$QBTS.. all similar. up-down-up patterns. It's not warrant overhang or just sensitive overly-absorbed traders (though some of that likely).
It's the nature of this day; stunning short-sellers too; so scared of upside on a Friday into an ongoing weekend of war, and realizing some of these stocks are beneficiaries of the 'new-era' economics, whether for drones, overall defense, security systems, or even data-analytics that are 'not' out-of-favor at the Pentagon (keep in mind that
$BBAI is a gatekeeper agnostic to which data service they are aggregating and assessing). (PS.. BBAI had a slight technical breakout over the 4.20's so that's likely pointing some to think about a run on 4.75 to 5 soon.)
