March 15, 2024 -- Distribution Days

15/03/2024 20 min
March 15, 2024 -- Distribution Days

Listen "March 15, 2024 -- Distribution Days"

Episode Synopsis

Institutional selling has the QQQ down on volume. It's what the street calls "distribution." While the market remains strong and we're still seeing breakouts, the increased frequency of distribution days could be a signal that the current run may be near its peak. A.M.P.D. traders are checking their protective stops in preparation for a pullback or a correction.