ETF
Financials Trending Lower And Lower…
Sponsor: StockTraders HQ
It looks like the financials are testing support here. All we need is some volume to spike higher on the breakdown and all hell is going to break loose. If you’re bearish like me on financials, this might be your chance to load up on the short side. Setup your alerts at the [...]
Is The “Emerging Market” Theme Done For Now?
Instead of me talking on how good or bad emerging markets are performing, I would like to show you some of the charts of emerging market indices and let you decide…
From the above charts, you must have seen how much the emerging market have been hammered in the [...]
Wild Wednesday: Rally Seems To Be Faltering
Don’t be surprised with the recent market actions. It has been really wild ride in the recent past as we muddle through the difficult economic conditions and cross currents in the market. Major indicies seems to be hitting the wall here instead I would have like them to pierce through the resistance with great vigor. [...]
Time to get out of Commodities?
Well, looking back at the last 2 days of action, its pretty much clear that if the market were to start a new bull move, commodities will not lead the markets.
The market crushed all the shorts with major indices rallying 2-3%. The transportation index had the biggest gain of all of them [...]
Follow-Through Day…
Finally the market followed through on the 11th day with major indices rising more than 2% on above average volume.
The biggest mover were the beaten down sectors from Airlines, Banks, REIT, Housing and Retails while oil, energy and commodities stocks were down to flat. Take a look at the market snapshot.
If the market were [...]
