The Chart of the Day…

dead-apple-bounce

 Even dead, half-eaten Apples (AAPL) bounce. 

 

Quick Glance at the Market Heat Map and Industries

Notables:

  • Utilities and Apple were the only areas worth playing in to the long side. 
  • Basic Materials and Financials were horrendous.
  • No Black Friday boost from Consumer Goods

Be sure to check out my latest swing trades and overall past performance

SharePlanner Market Compass:

Stock-Market-Compass-Almost-Downtrend

We are at one of those places where its hard to get behind a ‘downtrend’ or ‘bounce’ rating. Best to just wait-and-see. 

And of course…the RIDICULOUS!


1) How many of these people are using taxpayer money to buy this stuff 2) Capitalism is good, but consumerism is out-of-control 3) You’ll never catch me waiting in a line at Wal-Mart, Target, or any other discount store on a Black Friday. 

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