DRYS is up a creek without a paddle so long as the BDI heads south.
Double short basic materials looks intriguing, potential price target at the highs, but it needs to clear resistance with some VOLUME.
No edge here, but I’d bet on 0.
This market is chopping people to bits. Even with today’s negative price action, my SPY indicator has closed positive. This indicates decreasing volatility and an increasing amount of bullish stocks, generally a good sign. I can’t find an edge or direction, so I’m sitting on the sides.