SAME OLD SAME OLD
Here we go again- different day same result- the market gaps open higher and turns around and heads straight down. So far a range of 175 points on the DJIA-so also another big range day but in the opposite direction of yesterday- so far.
Strong sectors- metals, semis, telecom, ags, tech and homies while oils, biotech, banks, gaming and airlines lag.
Market internals have flipped to red with 825 net decliners on the NYSE/NAZ.
NDX-30 GREEN;
OEX-20 GREEN;
DJIA 10 GREEN;
Down volume about 2X Up volume;
And of course 1,360 rejected again on the SPX- and when is that coiled spring going to pop?
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home