This is what the mean by “Just Buy the Dip”

 what it means to buy the dip

 A nice 5-minute chart of the /ES contract from last night until today’s close. 

Quick Glance at the Market Heat Map and Industries

heat map

Notables:

  • You can almost bank on Apple (AAPL) being up any day that the market is down. 
  • How much worse would tech have been today had not Apple had the day it did. 
  • Banks were miserable. 

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

SharePlanner Market Compass:

stock-market-compass

Not sure what to think at this moment. Pullbacks don’t last long in this market so today might be all we get. Consolidation seems like the most logical path at this point. 

And of course…the RIDICULOUS!

I just don’t get it anymore. A pretty face, I guess, will get your places with the media.

This market has that 90’s feel to it again. No one knows what a draw down is anymore. 

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