New post live at StockTradingToGo, 5 Best Free Stock Screeners. Worth a quick read through.
Today’s low volume rebound and a doji close was not the best start to a fresh rally. A few more sessions like this and the market should easily return to its sell off with a clean slate as far as being too “oversold”.
Following up on my June 2nd post including CORN which is the ETF that tracks Corn prices. The ETF just today broke out and closed at fresh all-time highs.
Lastly, the Managed Care group is standing out with some positive accumulation. Some of the leaders in this group (HS, HUM, WCG) are setting up so I have featured them tonight alongside the market.
Stay frosty out there and I will see you back here after the weekend (no recaps on Fridays)!
| Trend | Nasdaq | S&P 500 | Russell 2000 |
|---|---|---|---|
| Long-Term | Up | Up | Up |
| Intermediate | Down | Down | Down |
| Short-term | Down | Down | Down |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
*** I’m simply using the indices’ relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.
