The S&P500 seems to be bouncing "from the lows."
Today is a trader's day it is not an opportunity for long term positions.
many solar stocks also reversed from negative.
I bought TSL, P and AWAY. Did not dare to buy PLUG though!
I sold 1/2 of the SCCO position almost at the high this morning, hoping to be able to repurchase it lower.
Copper not attracting money yet.
Pascal
The Tick shows that the markets are POMO bought in a broad pattern, but large players are not buying the bounce.
What I saw is that past leading stocks that were oversold bounced today, but recent leading stocks did not catch a bid.
I believe that there is more pain down the road.
At least, the PM sector is still strong today.
Pascal
Posting Permissions
Reply With Quote