The Chart of the Day…

facebook-overhyped

 

Quick Glance at the Market Heat Map and Industries

heat-map-8-16-12

Notables:

  • The market strength came out of nowhere. Utilities and Wal-Mart simply stunk.
  • Basic Materials and Technology were all the rage. 

SharePlanner Compass:

Stock-Market-Compass-Full-Uptrend

WOW! That was some pullback, eh? Fu-get-about it! We broke out of the range we’ve been trading in and are marching for those recovery highs at 1422. 

 

And of course…the RIDICULOUS!

Someone, somewhere told me it was Shark Week, I’m not sure if that’s the case, and I’m too tired to even Google it – but let’s just say that it is. So then we have one of the most majestic creatures created by the Hand of God. Truly mesmerizing being able to see this stuff captured on video. Just wouldn’t want to be treading water with the animal.

    You are unauthorized to view this page.

You Might Like

  • Stop Trying to Hit Home Runs: Start Trading Within Your Means

  • How to Trade Breakouts Without Getting Trapped

  • Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind