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11/06/2017 Live Update

Re: 11/06/2017 Live Update

Postby Daniel » Mon Nov 06, 2017 4:23 pm

te_fern wrote:Playing off this pullback in the semi's. We'll see...

So far, (per Scottrade), SMH (104.00) is basically unchanged since the Open--although up 1% for the day. Broadcomm/Qualcomm is in the news, so the sector is "high profile" today.
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Re: 11/06/2017 Live Update

Postby Daniel » Mon Nov 06, 2017 4:26 pm

Some pockets of weakness today: XLB, XLP, IBB
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Re: 11/06/2017 Live Update

Postby Daniel » Mon Nov 06, 2017 4:39 pm

XLY hitting hod as XLP (-1%!) hits a fresh lod.

The widely-watched daily XLY:XLP ratio will gyrate significantly when tabulated after market close.
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Re: 11/06/2017 Live Update

Postby Cobra » Mon Nov 06, 2017 4:53 pm


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Re: 11/06/2017 Live Update

Postby Cobra » Mon Nov 06, 2017 4:55 pm

well, guess that's it for today. Tuesday tomorrow has been overwhelmingly bull friendly. thank you guys, I'll see you tomorrow.

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Re: 11/06/2017 Live Update

Postby Daniel » Mon Nov 06, 2017 5:00 pm

SMH hod!

Most of the gains in the major indexes came from the energy and semiconductor sectors.

Some sectors were flat from the open, others downright weak. Classic post-impulse phase, rotational market, as new 52 week highs are ground out by profit-taking and re-planting.

glta
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