Market is still in a correction
The major indexes have been up a little
/ES (S&P mini) might be at a rebound point
If the channel above means anything then we might be bouncing soon.
Sector Analysis
The ‘least’ bad is Healthcare. Surprisingly it looks like Tech is one of the worst performing of the bunch. The further out one looks the worse it gets – it is down there with Financials…
Not sure which of these paints the most accurate picture – for the long-term the 1 year performance or the year-to-date performance seem to make sense but they give different answers to the question.
IBD Industry analysis:
Medical/Healthcare is at the top of this list also
Weekly stock bubbles (thank you finviz.com)
Stocks just out of Bases
Ancestry.com ACOM
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