Technicals are pretty much a disaster for all the sectors. Except for Staples and Utilities, which are actually on the up and up, but that is to be expected when the street is looking for safe havens for its capital. The bulls have suffered for five weeks strong, and it [...]
Reviewing the sector charts - there is plenty to like, from a bullish perspective. Pretty much every sector I looked at, I could find myself a reason for why there could be a bullish take on it. So overall, the charts aren't all that bad. What I am concerned with [...]
Half the sectors look solid – the other half, not so much. Technology continues to be the place to trade. The thing I have to be careful of is that I don’t get overloaded in that sector, because we have all seen the days where tech is selling but nothing [...]
