So far even the normal gap filling process is very slow, there appears to be a continuation of the move from early afternoon underlying improvement to late afternoon deterioration, although there are a few stocks, AAPL in particular that do appear to be interesting in what it's going to do, perhaps not so much in the immediate future, but it my be working on something.
Some early Dow weakness...
IWM weakness is more impressive at the moment..
As is QQQ weakness
Even with the TICK slightly positive....
The SPY is showing some early weakness, but this is still very early, it's how these charts move from here that will be telling.
I'm of course looking for the QQQ puts to work in the near future.
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