The Chart of the Day…

VIX and SPX comparison

Trades Made Today:


1. Bought GFA at $4.48

2. Shorted ACTV at $12.17

3. Shorted INVN at $12.14

 

Quick Glance at the Market Heat Map and Industries

Notables:

  • Quirky day – Technology still lagging
  • But Financials and Basic Material led the way – which is typically very bullish. 
  • Consumer Goods and Healthcare looks fairly good as well. 
  • Risk fled from the Utilities. 

SharePlanner Compass:

Stock-Market-Compass-Full-Uptrend

Despite the obvious weakness of late – we haven’t broken any trend-lines of worth. 

And of course…the RIDICULOUS!

One of the locals around where I live went diving not too long ago to do some spear fishing, and around the 3-minute mark, things got a little bit eery. 

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