First take a look at ATRN, it's posted double digits on the day.
3C wise, I don't like the looks of the DIA/QQQ, the SPY is not showing the same negative divergence, but it's not performing well. You can expect a consolidation around the neck line of the inverse H&S the averages like the SPY were approaching, but this looks worse then a consolidation. The market hates uncertainty and this Greek thing is causing uncertainty, the market has stalled since the second story came out.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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