The Weekly Trend

Episode 119: Dirt Nap

June 18, 2022 David Zarling, Ian McMillan Season 3 Episode 21

In this week’s episode, Dave and Ian discuss the “final” sectors finally seeing selling pressure, the Russell giving up all of its post-Covid gains, retail drawdowns, and the VIX. Energy stocks and crude get hit. Cryptocurrencies are also seeing continued weakness. David covers failed breakouts in Pharma names. Ian gives some updates on where we stand with AVWAPs.