
THE SOX
Those that follow our work know much much the SEMICONDUCTORS matter to us. It is not very often the market is not in sync with
Those that follow our work know much much the SEMICONDUCTORS matter to us. It is not very often the market is not in sync with
All about the commods yesterday. OIL, STEEL, COPPER, ALUMINUM, PALLADIUM and all that stuff. Oil prices continue to rise and are up again nicely this
First, a few notes: OIL PRICES again strong this morning. OILS are now extended from this recent move. Look at OIH, XLE, XOP for the
TRANSPORTS were indeed a very good clue yesterday and today we get another gap to the upside. The TRANSPORTS broke through the 50 day average
Very notable…the TRANSPORTS trade easily and up through the 50 day. This is important as it gives better odds for the major indices to follow.
Another gap up this morning…so with the late rally Friday and today’s gap, all losses have been recovered from Friday’s open…or something like that. Earnings