I'll get some charts up, intraday the SPY -especially on the late day ;little pop definitely looked the best, the QQQ looked pretty good, the strange one is the DIA which last week had been acting better in underlying trade than all the other averages, it doesn't look like that today. In fact the DIA looks the worst today of the averages. I'm going to browse a bit and post some charts, but all in all, I think the ideas laid out last night should still hold water, but I have been wondering about a bifurcated market as there have been signs of such and the DIA is a good example of that today.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment