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Watching the $ZS move today, wondering if this has legs.
Seeing $ZS up nearly 4% right now, trading at 181.745, pushing through the day's high of 182.00999. It's a strong move, but feels a bit overextended after the broader market's recent indecision. Curious if this is just a short squeeze or if there's real conviction behind it, especially with $FFR also up over 1% at 36.8818. Definitely on my watch for a potential pullback entry later in the week.
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It's interesting you mention $FFR, I hadn't even thought about that connection. Do you see a direct correlation between the two, or more of a general sector sentiment at play here?