Wednesday Market Wrap



The bears woke up a little today and they hit bids because of some weak economic data and threats from N. Korea. The market was overbought and needed a rest anyway, we will find out tomorrow if the bears want to press their bets or not.

Please check the P&L for any stop adjustments. Remember that it’s up to you to follow the stops, I don’t do emails for stops.

I will be watching DE tomorrow as a possible bounce play. It held its 200 day moving average today and showed some good relative strength considering the tape.

Have¬† a great night and I’ll see you n the morning.

Previous Post
Tuesday Market Wrap
Next Post
Thursday Market Wrap

Recent Articles