Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Final Bullets

By

Wake up call!

PrintPRINT



  • Any way you slice it, this is a nastola reversal for the semiconductors. Applied Materials (AMAT:NASD) is now down on the session.

  • The second NASDAQ gap (from Monday's open) is now being filled.

  • The S&P pennant is history...now the Spooz are starting to fill Monday's gap as well.

  • Breadth 2:1 negative.

  • Energy issues hold firm.

  • Gold hasn't budged all session.

  • I would "think" S&P 1150 gets pinned but, with that said, trapped bulls are unpredictable.

  • Seeing sizable SMH (semi holders) for sale.

  • The non-confirmations and negative divergences remain.

  • The last 30 minutes are pretty important technically as traders either add for the "inevitable" breakout or dump their anticipatory purchases.
< Previous
  • 1
Next >
position in qqq
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE