The Chart of the Day…

Apple AAPL Bollinger Bands

Trades Made Today:


1. Bought Apple (AAPL) at $637.69. 

2. Closed out TTM at $25.90 from $25.50 for a 1.6% gain. 

3. Bought PNR at $45.06. 

 

Quick Glance at the Market Heat Map and Industries

heat-map of the S&P 500

Notables:

  • Tech continues to be a one man wrecking crew.
  • Materials and Finance struggled but no where near the weakness in tech. 
  • Utilities were the closest thing to a safe haven today. 

SharePlanner Compass:

stock-market-compass

If we get below 1430, that will be reason for at the very least a “pullback” switch. 

And of course…the RIDICULOUS!

Bears are starting to see more life to them… crack 1430’s and you’ll likely get something similar to this…. 

Some folks should really consider whether booze should be served at their wedding… this is one of them…

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