Think of this chart next time you hear an economist (ahem “Bernanke”) speaking…

how economics works

 

SharePlanner Market Compass:

Stock-Market-Compass-Full-bounce

Today hardly qualifies as a bounce. 

Quick Glance at the Market Heat Map and Industries 

heat map

Notables:

  • Goods and Services made a mild attempt at a bounce back. 
  • But it was utilities and banks and to a certain extent materials holding this market back today. 
  • Technology big names showed a lot of strength (unless you were INTC or CSCO)

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

And of course…the RIDICULOUS! 

A throwback Thursday to the Sesame Street days…

 

You Might Like

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag

  • Technical Analysis vs Market Conditions: How to Know What’s Affecting Your Trades