It's amazing how much your outlook changes when you look at a chart. Yesterday just felt like a bearish day, and I was almost ready to start calling tops (assuming I'm dumb enough to do that), but looking at the intraday chart, hell, we never even threatened the low end of the range. We have some slight weakness this morning, but so far it doesn't look like we will threaten wither top or bottom today, either. XLE is way out front today, followed by XLV. XLF is about a mile behind. The Nasdaq and Russell 2000 are b oith just about even. I have oil, gold, and treasury yields down.
I have 72 new highs so far, with quite a few breakouts: FIRE, PKT, HLF, INTU, CLH, WOLF, MIND, WAIR, WIRE, and MDCO. From last night I have a report from CAP, up 2.6%. Reporting this morning: AFAM up 7.6%, CCOI down 0.2%, CLH up 5%, LL down 12.6%, MGM down 0.7%, SUSS up 2.2%. RGR is reporting after the close.
I have 72 new highs so far, with quite a few breakouts: FIRE, PKT, HLF, INTU, CLH, WOLF, MIND, WAIR, WIRE, and MDCO. From last night I have a report from CAP, up 2.6%. Reporting this morning: AFAM up 7.6%, CCOI down 0.2%, CLH up 5%, LL down 12.6%, MGM down 0.7%, SUSS up 2.2%. RGR is reporting after the close.