Walmart is putting a negative perspective in investor sentiment today. The consumer confidence index was also showing a downtrend. The NASDAQ has gapped down to the T line and continue to trade lower. Unless there is a major change of investor sentiment by the end of the day, the bears appear to have control of the market. This is also evident in the number of short positions that are performing very well.
July 26th Daily Market Comments
Walmart is putting a negative perspective in investor sentiment today. The consumer confidence index was also showing a downtrend. The NASDAQ has gapped down to the T line and continue to trade lower. Unless there is a major change of investor sentiment by the end of the day, the bears appear to have control of the market. This is also evident in the number of short positions that are performing very well.