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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.17+0.2%4:00 PM EST

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To: GROUND ZERO™ who wrote (153551)2/8/2021 12:52:27 PM
From: Hank Scorpio  Read Replies (2) of 221644
 
What is really interesting - again - is the comparison between IWM/Russel and the FAANG stocks. I call them FAANGM. FB, AAPL, AMZN, NFLX, GOOG, MSFT. Right now FAANGM are all down for the day, IWM is up and the major markets are all up. IWM is a better indicator for daily market trend than FAANGM. I have noticed this for some time. Always seems to be correct.
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