Those little things called “sell-offs” do happen from time-to-time.

 

spy sells-off hard

Only the second time this month we’ve had a sell-off in excess of 1%. 

Quick Glance at the Market Heat Map and Industries

heat map

Notables:

  • It’s safe to say that the selling was broad-based. 
  • Big Banks, Big Tech and oil and gas felt the pain the most. 
  • Outside of Utilities, no sector was a ‘safe-place’.

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

SharePlanner Market Compass:

Stock-Market-Compass-Pullback

We may not see much more than what we got today, but the market did pullback today and the odds are there for more to come.  

And of course…the RIDICULOUS!

We’ll see if the bears act like this one and retreat tomorrow like they do so often.

 


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