The slow steady uptrend of the market continues to produce big profits from J-hook patterns and frypan bottom breakout’s. Crude oil inventories are up again, probably keeping crude oil prices in check. That sector may not have great movement, but the strong sectors can be easily identified. LABU continues to indicate the biotech’s are acting well. Mining stocks continue to act well. As long as the market does not show any major reversal, there are strong profits being made in the strong sectors.
February 15th Daily Market Comments
The slow steady uptrend of the market continues to produce big profits from J-hook patterns and frypan bottom breakout’s. Crude oil inventories are up again, probably keeping crude oil prices in check. That sector may not have great movement, but the strong sectors can be easily identified. LABU continues to indicate the biotech’s are acting well. Mining stocks continue to act well. As long as the market does not show any major reversal, there are strong profits being made in the strong sectors.