Global and US Market Strong Weak Rankings

Abandon Baby or breakaway gap, tomorrow should tell us which way this market goes from here


A little bit of profit taking in the last hour of trading put still second best day of the year, and only 2nd time this year that both S&P and DOW had a gain of over 1%, Financials lead market and only the Reit’s were down. as stated in my last post, there is a lot of uncertainty in this market


Nasdaq above 6,000 , DOW up over 1% for second straight day, If market can hold on to these gains then all is well in Stock land


Another opening gap higher for the market but not a whole lot after that and there was selling into the close but this could just be profit taking. YTD leader Biotech lead market higher.


Market was mostly positive until again we have a closing hour selloff, Homebuilders and Retail lead the market up while Reit’s lead the market lower


Breakout move for Homebuilders today, up 13% YTD and much more since the November elections


50/50 day in the market with both DOW and S&P up less then 1/10th of 1%, Still we saw Semiconductors breakout to another new all time high and Biotech is up over 20% year todate, If only the energy sector would participate. I guess we cannot have everything. With only one trading day left in the month you should see all major indexes in the green for April


What happen to our rally, overnight trading had the Euro way up and Yen way down, seeing that I was expecting to see another gap open higher, instead we get a flat to a little down open. But that is the nature of this market, As soon as they get you to expect something they change the game


These three companies pretty much run the country, I hate them and hate what they are doing but on a market correction I will be looking to buy them. It is just business



We ended the week on a down note but majority of market ended the month positive with Nasdaq leading the major indexes up for 6th straight month



Stocks were in full bull mode for the week, many new highs, Nasdaq at new all time high, Energy remains in bear mode, Gold pulls back with stocks rising, Surge in Euro but GBP hangs on to top SW spot, Top Strong Weak trade from last week GBPCAD has a nice weekly gain.

All this and more covered in my weekly market review video

Mixed day with top ranked BioTech leading the way, Nasdaq continues to hit new highs as big Nasdaq names like Google, Apple, Tesla are on the move


Another mixed day with only a single ETF moving more then 1% , that one EFT was Biotech and it took a pretty good hit, down 1.7% and forming a bearish engulfing daily candle, seeing how this happen at last months high, this could pull back from here.



The bias of the broader market was to the down side, Metals& Mining was the big mover with a -3% down move. Commodities remain is a bear market

Note; Non Farm Payroll numbers tomorrow


Another mixed day, that has been the norm over last few weeks. On the plus side nothing up over 1% but on the downside energy got killed again lead by XOP down over -3%. There is going to be a great buying opportunity in Energy once this correction is over, we just have to watch it, be patient, and not freak out if we get in too early. Energy is the one thing that is not going to zero so relax


I am watching this selloff in Silver, down for 14th straight day, clearly the smart money is pushing this selloff to scare the dumb money into selling, now we just need to wait for a price action signal that the smart money is ready to start buying again.


I download this market watch app for my Iphone and look at the 8 stocks on it’s main watch list. I am more of an ETF guy but if I were to be looking to buy individual stocks, these 8 would make for one hell of a portfolio , I will be looking to buy these on the next market correction


Stocks rally with many new highs, oil reverses, Gold and Silver weak, Pound continues to rule the currencies , Bitcoin explodes higher , all this and more in my weekly market review, just click link below

The Crypto Currencies are seeing huge increases, Ripple has just past Ethereum as the #2 by market cap, and speaking of market cap, the top four have seen a 12 billion increase in market cap so far this month, that is a 35% gain.


Energy sector shows some follow through from Friday’s reversal, rest of the market was mostly down lead by
Biotech down -2.7% and giving up it’s #1 ranking to the QQQ’s