Quick Glance at the Market Heat Map and Industries

Notables:

  • Technology was solid 
  • Utilities – little action there
  • Basic Materials – had scattered weakness. 

SharePlanner Compass:

Markets made a descent bounce today, though, I wouldn’t by any means say they are out of the woods. No ‘lower-low’ has been formed, so no reason to adjust the state of the uptrend. 

The Chart of the Day…

Areana Pharmaceuticals ARNA

 

 

 

And of course…the RIDICULOUS!

 

 

I don’t care if it is Mitt Romney, The Pope, or anybody else, this is just stupid on Obama’s part. “All those money envelopes at Baby Showers, Wedding Receptions and Birthdays, send them my way”. Maybe he should consider one of the Tupac holograms so that people can do the money dance with him at wedding receptions. 

You Might Like

  • The Retail Trading Revolution: How Small Investors Are Reshaping the Stock Market

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag