The Chart of the Day…

tail wagging the dog or dog wagging the tail aapl and spx


So… Is the Dog wagging the Tail or is the Tail wagging the Dog. Apple runs then the market run or is it the other way around. 

Trades Made Today:


1. Booked profit in INVN at 11.83 for a 1.7% gain. 

2. Scaled into SHLD at $56.15.

 

Quick Glance at the Market Heat Map and Industries

heat-map of the S&P 500

Notables:

  • Basic materials just got hammered today. 
  • Financials though… some strength. 
  • Tech still seems to be a mixed bag of goods. 

SharePlanner Compass:

Stock-Market-Compass-Full-Uptrend

Possible bear-flag developing, but market still holding strong. 

And of course…the RIDICULOUS!

In honor of the presidential debates tonight, I thought it might be appropriate to show my all time favorite speech from a presidential candidate – and that comes from the monster man himself… Howard Dean…

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