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Unless you are a day trader looking to capitalize on a quick pullback from a wildly excessive daily move, the answer is no, as the facts do not support a lasting turnaround in Brazil at this time.
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Most of those who wanted a quicker pullback were politically close to the anti-American cleric Moktada al-Sadr, who has advocated immediate withdrawal.
You can also use this approach to eyeball "Hail Mary" orders for leading stocks and ETFs that have been on a recent tear, but might be vulnerable to a quick, deep pullback when markets experience volatility like they have recently.
But that wide support is bound to fracture as she makes clear whether she will favor speedy reviews of new drugs and devices, or greater assurances of their safety; quick and broad recalls of foods that may be contaminated, or slower and more narrow pullbacks of only those products that have proved to be unsafe.
So a little pullback".
"There was no pullback".
— Quick, quick!
The pullback has international implications as well.
"And now we're seeing some pullback".
"It's just a necessary pullback".
"That's why this year we're seeing a big pullback.
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