Top 5 contract losers over 24 hours:
1. $US -28.55%
2. $JCT -26.38%
3. $AGT -25.18%
4. APR -23.23%
5. GRIFFAIN -13.47%
Quick take: When the biggest losers drop this sharply, negative news may have been heavily priced in. Wait for signs of stabilization before buying the dip. The biggest losers often see technical rebounds, but a rebound doesn’t mean the bottom is in.
1. $US -28.55%
2. $JCT -26.38%
3. $AGT -25.18%
4. APR -23.23%
5. GRIFFAIN -13.47%
Quick take: When the biggest losers drop this sharply, negative news may have been heavily priced in. Wait for signs of stabilization before buying the dip. The biggest losers often see technical rebounds, but a rebound doesn’t mean the bottom is in.