Market Monitor
- It is Dow and large cap show. But after a long time small caps were up on Friday. Let us see if this rotation in to small cap continues.
- Large cap technology has been a laggard so is large cap biotechs.
- Monday will be tricky with option expiration behind. The Friday strength might not last.
- 176 breakout day was good but not good enough. So the congestion continues.
- Individual stocks are making big moves as the 50% plus in month number keeps increasing.
- McClellan Summation Index is indicating trouble for rally currently.
2 comments:
pradeep, oxps is on your market monitor. Its a news play, not a earning play. what's your strategy on news play?
The list is stocks of interest, I research them and look at buy opportunities during day or end of day.
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