This is how the Overripe High Fliers index (OHFdex) looked just after 3:00 p.m. ET:
The homies and financials held in there, but the mo mo's got pounded. not sure what to make of the situation. Any thoughts?
Hi James,Retail did relatively well yesterday as well. Today it looks like a fade-any-up-move mentality is predominant, with only the commodities standing out at the moment.Today could be a tipping point of sorts.Cheers and good trading,-Bill
The homies and financials held in there, but the mo mo's got pounded. not sure what to make of the situation. Any thoughts?
ReplyDeleteHi James,
ReplyDeleteRetail did relatively well yesterday as well. Today it looks like a fade-any-up-move mentality is predominant, with only the commodities standing out at the moment.
Today could be a tipping point of sorts.
Cheers and good trading,
-Bill