The markets are still in a mixed mode, the Dow trading positive and the NASDAQ trading negative. The T-line continues to act as a relevant factor. Numerous stocks and indexes that moved back up from lower opens on Friday to the T-line area are not getting confirmation Today. The trading environment remains the same, each individual stock chart needs to be analyzed on its own. Specific stocks and sectors continue to show strength or weakness in this market. There is no overall consensus of the market direction.
July 31st Daily Market Comments
The markets are still in a mixed mode, the Dow trading positive and the NASDAQ trading negative. The T-line continues to act as a relevant factor. Numerous stocks and indexes that moved back up from lower opens on Friday to the T-line area are not getting confirmation Today. The trading environment remains the same, each individual stock chart needs to be analyzed on its own. Specific stocks and sectors continue to show strength or weakness in this market. There is no overall consensus of the market direction.