No longer smart money, it is the fast money that is dip buying.

It is impossible to get a sell-off to last more than just one day. Though today might be a bit different as far as that is concerned.

Early on, it looked like it could actually be a blood bath for the market, but the bulls started stepping in on Amazon (AMZN), Nvidia (NVDA), as well as the market stalwart Apple (AAPL). However, they are not out of the woods, and the market, overall doesn’t look be engaged in dip buying for itself. 

So caution is warranted, besides, June is, historically, one of the most bearish months of the trading year and right now they are rattling the bones of traders across the globe following the massive tech sell-off on Friday. I’m down to one long position myself, and I won’t be touching any of the stocks below until I have a better feel for the market and right now it isn’t giving that to me. 

Here’s the dip buyer’s fast money watch-list:

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