Although the indexes are trading slightly positive today it still appears to be a very tentative buying. Currently a Doji day in the Dow and S&P 500, while in the overbought area. Continue to stay predominately long but have safety stops in place. The big stocks are also reflecting indecisive trading, AAPL, AMZN in slow down trends. NVDA is the only biggie trading positive. This implies an indecisive nature occurring in overall investor sentiment.
February 11th Daily Market Comments
Although the indexes are trading slightly positive today it still appears to be a very tentative buying. Currently a Doji day in the Dow and S&P 500, while in the overbought area. Continue to stay predominately long but have safety stops in place. The big stocks are also reflecting indecisive trading, AAPL, AMZN in slow down trends. NVDA is the only biggie trading positive. This implies an indecisive nature occurring in overall investor sentiment.