THE CLOSE

The market was much better than Dow down 42. A/D 2-1.

Down and out and dead Retail wakes up off the lows. Very oversold and overdue but still in bear market.

Energy still rallying off reversal lows from 2 days ago.

Strong moves in beta today as AMZN breaks out on volume with good action in others.

Financials still feel like the accumulation is stopped for now. Sure, they have bounced but it has been anemic.

REMEMBER, AS LONG AS MAJOR INDICES HOLD ON TO THE 50 DAY AVERAGE, WE GOOD. A BREAK BELOW AND WE WILL BE TALKING.