Although the indexes are trading higher, they are indecisively higher. Revealing that there has not been any major change of investor sentiment based upon a new year. The electric vehicle sector appears to have decent bullish activity but most other sectors remain relatively indecisive. Although the indexes are not showing any decisive move, the T-line indicates the uptrend remains in progress. The analysis of each individual stock/sector remains the top criteria.
January 3rd Daily Market Comments
Although the indexes are trading higher, they are indecisively higher. Revealing that there has not been any major change of investor sentiment based upon a new year. The electric vehicle sector appears to have decent bullish activity but most other sectors remain relatively indecisive. Although the indexes are not showing any decisive move, the T-line indicates the uptrend remains in progress. The analysis of each individual stock/sector remains the top criteria.