Looks like we will see a market turn around tomorrow, based on the news after the close. But going by the numbers, caution is suggested. The market internals continued to decline Wednesday, only the screened stock ratio rebounded, however still negative, at 11.6 to 6.9 favoring selling. Risk remains high.
Healthcare facilities is the strongest group, but the recent regulars still performed.
Note that we have a position in TGH (still).
Long: ACF, BSYS, CEFT, FISV, FMKT, FRX, JKHY, LPNT, MTON and SRNA.
Good Trading!!
Sam
savvy-trader.com |
