Buzz & Banter
The market is struggling here off the lows of the day. Yet those stubborn point & figure buy signals persist. As of just before Noon today buy signals outnumbered sell signals 4-1.
That could always change by the end of trading today, but for now, be aware that red on the screen is not necessarily indicative of true supply overtaking demand. That's what the buy and sell signals are saying.
One final observation to note is that the preponderance of buy signals today is occurring in stocks under $20.
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