August has been a reality for this market

spx sucks in August

 

Quick Glance at the Market Heat Map and Industries 

heat map

Notables:

  • The first time in a long time that we’ve seen utilities act as a flight to safety amid a major sell-off in the broader market. 
  • Financials were actrocious for a second straight day. 
  • Oil survived due to US intervention in Syria

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

 

SharePlanner Market Compass:

Stock-Market-Compass-Full-bounce

Either we bounce off of the long-term uptrend or we change this baraometer to “Pullback”.

And of course…the RIDICULOUS!

This is what I call after a day like today – a video that provides “perspective”

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