The uptrend continues to experience profit-taking which keeps exuberance from being exhibited. Today’s lower trading in the markets, although not very aggressive, has the transportation index showing strongest selling. The trend still produces the analytical process of identifying individual stocks/sectors as the top criteria. As always, safety stops be kept in place as the trend continues will in the overbought condition.
January 21st Daily Market Comments
The uptrend continues to experience profit-taking which keeps exuberance from being exhibited. Today’s lower trading in the markets, although not very aggressive, has the transportation index showing strongest selling. The trend still produces the analytical process of identifying individual stocks/sectors as the top criteria. As always, safety stops be kept in place as the trend continues will in the overbought condition.