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Stock impact report

Why Gun-Shy Market Bulls Can't Pull the Trigger Like They Used To [TheStreet.com]

Casa Systems, Inc. (CASA) 
Last casa systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: TheStreet.com
Why Gun-Shy Market Bulls Can't Pull the Trigger Like They Used To  | Apr 03, 2018 | 11:52 AM EDT Conditions were good for some sort of bounce Tuesday morning but so far there is little interest. While it probably would have been better if there was a gap-down open to entice some dip buyers, it is pretty obvious that the bulls are gun shy at this point. There are not trusting that this market has seen its lows, which is a definite change in character. The FAANG names are a good illustration of how difficult dip buying has become. Facebook ( FB ) is down again and isn't far from testing recent lows. President Trump continues to beat up on Amazon ( AMZN ) and that spills over to the entirety of the Nasdaq 100 ETF ( QQQ ) . I feel pretty well-positioned right now with a high level of cash and I am a potential buyer -- there just aren't good entry points at this point. It doesn't make sense to buy stocks simply because they Show less Read more
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