The markets are now providing the after election assessment. The Dow is up strong, the S&P 500 is flat, the NASDAQ is down strong. The market is now showing that the sectors are becoming the decisive factors. The biotech’s are strong, oil stocks are holding up well, high tech stocks are getting slammed. The big stocks, AAPL, AMZN, NFLX do not appear to be the place to be. Utilize the candlestick charts to indicate which stocks/sectors you want to be long or short. As can be seen in today’s trading, there is not any doubt as to which sectors should be bought and should be sold.
November 10th Daily Market Comments
The markets are now providing the after election assessment. The Dow is up strong, the S&P 500 is flat, the NASDAQ is down strong. The market is now showing that the sectors are becoming the decisive factors. The biotech’s are strong, oil stocks are holding up well, high tech stocks are getting slammed. The big stocks, AAPL, AMZN, NFLX do not appear to be the place to be. Utilize the candlestick charts to indicate which stocks/sectors you want to be long or short. As can be seen in today’s trading, there is not any doubt as to which sectors should be bought and should be sold.