Finally Friday...get to work on computers all weekend...ugh.
The stock screening was a mix, void of many of the large techs that we have watched the last few days, which were replaced by more oil issues.
The market internals were mixed to slightly positive, the techs taking the biggest part of the selling. The screened stock ratio also improved, yet still negative, at 10 to 5 favoring selling. More and more indications are that we have seen the bottom, but the risk is still high, so "Lite" mode remains the safest positioning.
Longs to watch Friday: ABT, AET, CAT, CTX, ESCM, FAST, FD, GDT, SLVN and WMB.
Good trading!!
Sam
savvy-trader.com |
