The market internals declined even more on Thursday, but the screened stock ratio, while still negative, improved significantly at 9.1 to 8.4 favoring selling, I did like the recovery we saw in many stocks today. Market risk move back to moderate.
Today had a nice moves in the drugs, healthcare, and medical equipment groups, while I think it is too early for a trend, these may be the groups to concentrate on over the short term.
Long: ACDO, AJG, BAX, CPRT, FHCC, LLL, ROST and SLM.
Good Trading!!
Sam savvy-trader.com |