The stock market is opened 1/2 day tomorrow with trading ending at 1:00 PM ET. These hanging Fridays usually have nice climbs on low volume......guess we'll see how we do this year, but I'm looking forward to it.
The market internals declined again Wednesday, on lower volume, but not as low as I was expecting. It seemed the screened stock ratio was more effected by the low volume, except the downside, which gathered some support, at 5.0 to 2.0 favoring buying. Risk remains moderate.
Strong groups; biotechs, gaming, computer software, health insurance, medical equipment, restaurants and select retail.
Longs to watch: AJG, CDWC, DFXI, DRIV, FDO, GNSS, JKHY, MCDT, MRCY and OVER.
Good Trading!!
Sam
savvy-trader.com |
