The Dow is trading lower but the NASDAQ is trading higher. This is still an indication there has not been a change of investor sentiment, the uptrend remains in progress. The biotech sector continues to act well. Crude oil inventories have expanded dramatically, however crude oil is trading higher. Continue to stay with the sectors that are showing good strength/good buy signals.
November 16th Daily Market Comments
The Dow is trading lower but the NASDAQ is trading higher. This is still an indication there has not been a change of investor sentiment, the uptrend remains in progress. The biotech sector continues to act well. Crude oil inventories have expanded dramatically, however crude oil is trading higher. Continue to stay with the sectors that are showing good strength/good buy signals.