Market just has one direction for now and its pretty tough to buy at these RSI 2 levels- 100 across the board on major indexes.
Strong sectors today - nat gas, Australia, reits, banks, internets, homies and oil service- laggards were drugs, gaming, semis, ags and biotech.
NYSE- 1940 net winners.
NAZ- 1000 net winners.
NDX- 78 GREEN.
SPX- 407 GREEN.
VIX- up 1% at 23.69 while VXX was down a hair.
Gold crude and nat gas all up on the day while ags were down- as was the dollar-
Market is over bought - and no one knows when the correction will come- it will come - and most will be buying that dip and then selling probably causing a nice correction-