Market Goes Haywire With Dozens Of NYSE Trading Halts At The Open After "Technical Glitch" "Something snapped at exactly 9:30:00 am ET this morning when stocks opened for trading, only... they didn't, as instead hundreds of NYSE-listed stocks were immediately halted for trading after breaching circuit breaker limits." It's hard to take any numbers too seriiously this morning, especially in light of MSFT and TSLA earnings out today and tomorrow, respectively, Still, our eyes are closely monitoring VIX for a a reason to buy March calls. Standing-by for a rise above trend channel and moving average resistance, above 22.00. Target mid-30's by March 22nd. OXY - When Bots go wrong at the Open, or, a taste of volatility gone berserk post February 1st FOMC meeting? TSLA - In retrospect this bounce off of round number support @ $100 should have been traded to the long side as a 40%+ gain in two weeks brings back fond memories of 2020-2021. There is more of this kind of move coming in the next two years, but a day before to a week after earnings and right at 50 day EMA ($150) is not a high confidence time or price zone to play.
