Wednesday, March 14, 2018
Critical (Lack Of) Support
Wall Street's search for a saviour in Kudlow went empty-handed. The casino is at critical support...
Whatever they do to the "factory to the world" will impact corporate profit...
Once again, the Dow was weakest, led lower by Boeing:
The S&P tagged the 50 day all day long, closing two points above it:
Tech looked for another breakout, but carved out a double top instead
Despite tech relative strength, money is rotating back to Treasury bonds:
REITS/Real Estate/Yield are finishing up 3 wave retracement:
All of which means that the least profitable retailer and least profitable large cap tech stock is holding up Tech and Retail:
Posted by Mac10 at 1:20 PM