Seems there has been a lot of talk about the stock market “pausing” or being “due for a correction.”
While I see the same things the bears are seeing, I’m also seeing price action in a variety of corners of the market still telling a bullish story. And as we like to say around here: “Only Price Pays” (h/t @alphatrends).
We’re also seeing bullish options flow from several “motivated” and “aggressive” traders in a variety of names. Case in point: a software storage name in our most recent Follow the Flow report caught my attention.