Yesterday very suspicious. Whenever market has a big day, I look at growth leaders first and from yesterday:
CMG croaks…lowered numbers and a lawsuit but doesn’t matter to me why.
The leading discount retailers look like they have topped…therefore, sell any small position you have in DLTR…which also did 2 for 1 split. I see FDO gapping down this morning…not helping. The service made serious cake in DLTR. This makes service officially 100% cash.
MNST serious distribution.
UA looks done…after failing breakout.
Need I say more. Now also seeing market gapping down some today. I believe we are awaiting the healthcare decision…but not sure that moves markets…maybe some healthcare stocks. The expectation is the mandate to buy healthcare gets knocked down…my issue is one-fold…they blatantly lied about the cost to Americans. What else is new!?