The expected profit-taking today is not showing any real downward pressure on the market indexes. Investor confidence is building back up. This is seen in some of the big breakout moves, especially seen in the co-vid related stocks. Apparently the new cocktail mixes are getting a lot of attention. The uptrend should be in progress as long as the indexes remain above the T line.
July 22nd Daily Market Comments
The expected profit-taking today is not showing any real downward pressure on the market indexes. Investor confidence is building back up. This is seen in some of the big breakout moves, especially seen in the co-vid related stocks. Apparently the new cocktail mixes are getting a lot of attention. The uptrend should be in progress as long as the indexes remain above the T line.