The market internals were mixed to weaker on Tuesday. The screened stock ratio weakened to 7.2 to 5.9 favoring selling. The ratio is close to a wash, but still shows more volume in the weak stocks, market risk moves back to moderate.
The strongest groups remain, biotechs, drugs, insurance, healthcare and medical equipment, however there was profit taking that weakened some of the best performing stocks that may carry over tomorrow.
Longs to watch: AEOS, AJG, APOL, CBRL, CLS, ITT, SRNA, TTN and SRNA.
Good Trading!!
Sam
savvy-trader.com |
