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Thread: +511 Club & +80 RS

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  1. #11

    115 Names in +511 Club & 31 Names are +80 RS

    Hi:

    I guess yesterday's post showing poor performance from LEV Leaders was telegraphing today's market action (despite decent gains on Tu across the indexes and some favorable MEM signals).

    Much poorer performance today from yesterday's LEV Leaders:

    SBGI 2.87%
    PNK 2.36%
    THRX -0.27%
    SPF -0.88%
    CBRL -0.88%
    SPRD -1.60%
    ILMN -1.36%
    DAL -1.75%
    MEI -5.42%
    FSL -5.43%
    NCS -7.48%

    2 out of 11 gainers, avg across the 11 was -1.80% (now the overall avg is +0.12%)

    I consider this to be clearly negative action, and a warning sign.

    Take care,

    Shawn
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