Tuesday, July 14, 2009
Market Swings, etc.
Market-wise, I think it's been a choppy consolidation for the past few weeks, but it's not a bear swing. I believe this because the breakout from a bottom in the Short Russell 2000 ETF has failed. Also because I was about to give up and turn bearish. I've been watching too much CNBC, that doesn't help either. Therefore I predict we're taking another bullish swing.
Stock-wise, I was flipping around at random and noticed some fresh-looking stocks starting to emerge. Also some old leaders like STEC (just about the hottest stock in the market) are resuming their uptrends. Sorry no time to post a picture of STEC. You can pull it up from the stock scanner page.
Stock-wise, I was flipping around at random and noticed some fresh-looking stocks starting to emerge. Also some old leaders like STEC (just about the hottest stock in the market) are resuming their uptrends. Sorry no time to post a picture of STEC. You can pull it up from the stock scanner page.
// posted by gigascanner @ 5:48 AM 
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