Chart of the day…

spx down more than four percent pullback

 All sorts of long standing streaks are coming to an end these days in the financial markets… I’m going to have to find something else to write about soon :-) 

Quick Glance at the Market Heat Map and Industries

heat map

Notables:

  • That is what you call a market sunburn
  • Financials continues to be the downside market leader. 
  • Out of 500 companies, only four (that I can spot) finished respectably higher.  

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

SharePlanner Market Compass:

Stock-Market-Compass-Full-bounce

Obviously………I missed the pullback call on the market compass. But this market doesn’t like to wait around for long before bouncing these days… so BOUNCE it is!

And of course…the RIDICULOUS!

I’ll be going to see this movie this weekend, and since it is about Google, (sort of) I’l be posting a review of it on here as well. 

You Might Like

  • Trading Market Corrections with Swing Trading Strategies

  • The Anatomy of a Short-Term Bounce

  • January Barometer: As January Goes