kaltbaum midday

It is only noon but the action already today has been a joke…a hot open sold badly…and then poof, rally back up some…but leave no doubt that we are doing the right thing by not doing much. Market trying to piss off just about everyone.

 

A few things I am seeing:

 

Will know more at close but CRUS slicing through 50 day badly so that will come off leaders list.

 

ISRG was not on leaders list but has been in the past;. Was watching it around the 50 day…but now looking like a late-stage failure.

 

PCLN also acting a little bit suspect around the 50 day. Never really got above.

 

Low beta retailer TGT breaking out.

 

SEMIS still acting horrid. AMAT and AMD lowered numbers. AMD reverses but rest of group yuck. INTC now a smidge below 200 day.