This market definitely is making traders work for everything they can get in the futures space. While the excess speculation is providing many more opportunities in small cap stocks. Bull markets in stocks and bear markets in commodities are the worst times to be a futures trader. But those bull markets in stocks are great times to be trading speculative small cap stocks. A lot of newbie traders come in during those times and cause excessive moves in the flavor of the month. The flavor of the month is biotech. I have never seen so many questionable biotechs running higher as I've seen over the past month.
Interestingly, you are not seeing much speculation in larger cap speculative stocks, like a TSLA, or a SCTY. It seems like those stocks already had their day and are too high to get traders to pump even more.
Seems like we have Greece monkeying the market around overnight. The latest is that there are rumors of a deal. Seems like a slow news day when Greece is at the forefront with their deal/no deal rumors. Nothing to do here.
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