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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (112561)10/17/2018 1:50:03 PM
From: Peace  Read Replies (1) | Respond to of 222650
 
I am keeping my hedge for a while until I am convinced. Well semis & tech led on the way down so would make sense for them to lead up. I don't think this market can go far with out the techs anyway. The semis are a different story. There is some concern with demand/supply imbalance in the memory sector and with China slowing down I think investors will wait for further signs. But it is beaten down the most so could have a relief rally.

Keep an eye on China. The economy is taking a hit. Auto sales have been down 3 months in a row with the latest month being down 12%. A more pronounced slowdown in China with be a hit to global growth.