Tuesday Morning Update

For the first time in nearly two weeks we have hit a lower low, broken a support level, and have established at least a somewhat bearish tone. I remember seeing something in the news last night that I thought would send the market down, but can't for the life of me remember what it was. Anyway, today's leading sector is XLV, way out in front, ithe four sectors running neck and neck for last place: XLF, XLE, XLU, and XLB. The Nasdaq and Russell 2000 are lagging a bit. Oil and gold are down, but treasury yields are up marginally.

I have 15 new highs so far, again not much in the way of breakouts, with the closest being KW. I have a report from VLTR from last night, that is up 5.3%, and from this morning I have EAT, down 8.4%.