
CHART OF DAY-REGIONALS BELOW 50 DAY!
Market does not want to see more of this!
Earnings this week: Tuesday…after the close- FEDEX, NIKE…both important names. NIKE in the dow. Wednesday…before open…LENNAR…homebuilders been strong Thursday…after the close…MICRON…goes without saying important semiconductor
Recently, we told you to watch the financials as they were starting to show slight distribution. This is a no biggie until it becomes more
Futures down a wee bit…but no biggie. Amgen (AMGN) down $13 on negative cholesterol drug news. Biotechs have been acting well. Not this morning. Other
Quiet day…just what one would want to see. Not much to take away. ORACLE with the big gap to the upside on boring numbers. Notice
Futures up off of yesterday’s move. It actually looked like the Fed lowered rates yesterday as the dollar tanked lifting commodities and the like. Big
Good day Wednesday! EEM/EFA break out. Down and out commodities find a low as the dollar gets rapped even though one would think the