The Chart of the Day…

wedge-and-channels

Just a very interesting chart on the S&P 500 over a bunch of years that I found on SocialTrade.com

 

Quick Glance at the Market Heat Map and Industries

heat-map-8-22-12

Notables:

  • Big names in Tech still causing fits for the Tech Sector
  • Financials had pockets of strength but overall finished lower as well. 
  • Basic Materials overall was solid. 

SharePlanner Compass:

Stock-Market-Compass-Full-Uptrend

Nice bounce in the afternoon makes me feel comfortable with my long positions still. 

 

And of course…the RIDICULOUS!

No rhyme or reason for why I chose this video, but for the fact it was simply neat to watch. 

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