Sectors overall in rough shape, but promising charts emerge. Today the market made a dramatic turnaround off of its lows of the day. It was a much needed boost for the market which had yet to produce a green day even once in the previous five trading sessions. However, I’m [...]
Old and broken trend lines trying to stall out the current market rally. The market is trying to sell off, though since the 2:30 turn, the bulls have been on an ungodly buying spree, wiping out half of the day's losses, and inspiring the bulls that the worst may be [...]
Sectors as a whole remain bullish, despite recent market pullback. The two sectors that I like the least are the financials and the materials. Both of them look problematic, and the financials are showing more weakness today, despite already being oversold. […]
