A reader emailed me this chart and I found it quite interesting to say the least…

government shutdown and stocks

 

SharePlanner Market Compass:

Stock-Market-Compass-Full-bounce

Hey, if i say bounce enough, eventually I’ll be right….right? 

Quick Glance at the Market Heat Map and Industries 

heat map

Notables:

  • No doubt the weakness was driven in from the financials and materials primarily. 
  • Apple for once followed the market to the downside on the same day. 
  • Utilities gave investors safety. Some hope in healthcare. 

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

And of course…the RIDICULOUS! 

The greatest popcorn eater EVER!!!!!!

You Might Like

  • Trading Market Corrections with Swing Trading Strategies

  • The Anatomy of a Short-Term Bounce

  • January Barometer: As January Goes